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Crude Oil at $42.91?

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  • Crude Oil at $42.91?

    Why is Kitco.com showing crude at $42.91?

    Index data delayed 30 min.
    DJIA8579.1-25.88
    NASDAQ1564.3211.95
    NIKKEI8,588.52-78.71
    RUSSELL486.267.09
    NYSE5616.12-1.64
    USD81.07+1.45
    Crude Oil42.91+1.24
    Charts...


    I guess its some kind of glitch...or Feb. prices...I am confused here.

    Link: http://www.kitco.com/ (see bottom right)
    Last edited by LargoWinch; 12-20-08, 09:59 PM.

  • #2
    Re: Crude Oil at $42.91?

    The January contract expired on Friday.. The Feb one is now primary.

    If you're concerned about HOU, head over to the HOU boards at stockhouse.com. They've been talking about how the rollover affects the price of the ETF moving forward etc. It's been explained to death over the last couple of days.

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