Oil price surges to record high above $127

LONDON: The price of oil rocketed to a record high point of $127.43 per barrel on Friday, as US President George W. Bush prepared to urge Saudi Arabia to pump more crude, analysts said.New York's main oil futures contract, light sweet crude for June delivery, beat the previous all-time peak of $126. [read full story]                    

Add Comment
There are also 81 related articles
View all news articles about*:
*Newstin tag cloud displays all featured persons, associated organizations, related topics, regions and companies