A VOLATILE COMBINATION

摘要

For the U.S. economy, already staggering from the housing bust, oil at nearly $ 90 a barrel comes like the second half of a one-two punch. On Oct. 17 oil for November delivery closed at $87.50 on the New York Mercantile Exchange after peaking during the day at an astonishing $89. The impetus, on top of soaring global demand and paltry supply growth, was a fresh threat of conflict in the oil-rich Middle East, where Turkish lawmakers voted to allow the use of military force against Kurdish rebels in northern Iraq.