After Flying High

ON Monday last week, the crude oil price soared to a level of US$111.80 per barrel. This is the highest price ever, since this black gold commodity was first traded on the New York Mercantile Exchange 25 years ago. But, in the run-up to the end of trading last week, the price began to drop. On Thursday last week, the price of oil for May dispatch contracts closed at a level of US$107.58. And before the trading exchange opened on