Archive for July 12th, 2008

Oil hits new high on Iran fears

Crude oil has jumped to new record highs above $147, driven by ongoing geopolitical concerns over Iran.
US light sweet crude rose to highs of $147.27, before dipping back to $145.08. In London, Brent crude climbed to $147.02, before settling at $144.49.
Market experts put the increase down to concerns about Opec […]

Saturday, July 12th, 2008