Oil passes $126 a barrel
Oil surged to fresh highs, hitting $126 a barrel yesterday afternoon as Opec dismissed Washington's calls for production hikes and tensions continued to run high between the US and Venezuela. The prices rises were fuelled by the continued weakness of the dollar and could not have come at a worse time as the US summer driving season gets under way.
The Independent – May 10, 2008 12:57 AM [GMT]
found in Business
Oil surged to fresh highs, hitting $126 a barrel yesterday afternoon as Opec dismissed Washington's calls for production hikes and tensions continued to run high between the US and Venezuela. The prices rises were fuelled by the continued weakness of the dollar and could not have come at a worse time as the US summer driving season gets under way.
The Independent – May 10, 2008 12:57 AM [GMT]
found in Business
0 comments
Profanity Filter Is OffNo comments have been posted to this article.
Add Your Comments
Become a news-spider.com member to comment on this article. It's free to join and only takes a minute. Once you're a member you can comment on articles, create a custom profile, customize your settings, build a friends network, and more.
Already a member? Sign In to add your comments.