Oil Above $127 For The First Time

Oil prices have hit a record high above $127 a barrel on fresh worries about global supplies. US light sweet crude jumped to $127.43 a barrel, ignoring a forecast from producers' cartel Opec this week that the world will need less oil in 2008. London Brent crude also climbed, touching $125.82 a... [read full story]                    

Add Comment
There are also 11 related articles
View all news articles about*:
*Newstin tag cloud displays all featured persons, associated organizations, related topics, regions and companies