Detailed text transcripts for TV channel - CNN - 20110504:08:07:00
Of oil since the month of january. we're looking at a graph of nymex crude here. now, late in january, early february is when we saw a spike in that unrest in egypt and also in the middle easement but this week you'll see that oil has dipped, and that has happened for a couple of reasons. now, the news about osama bin laden being killed strengthened the u.s. dollar. that pushed oil down as it's priced in dollars. some investors worry that the price will follow the path of silver. right now, andrew, nymex crude is trading at $111.04 a barrel. so pretty interesting. gold, silver, and oil all dow...
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