Weak dollar pushes oil near $130

Courtesy BBC Finance  Wed, 05/21/2008 - 5:31am

Oil prices hit an intra-day high, close to $130-a-barrel, on increased worries about supply and the weaker dollar.


Tags:

 

More related items

Oil prices pushed to fresh high
Oil prices rise again in early Friday trading, hitting another all-time high on strong demand and the weak dollar.

Oil price hits a new record high
Oil prices hit a record level for the third consecutive day, reaching $102.59 because of high demand and the weak dollar.

Oil prices fall after Opec talks
Oil prices drop more than $1 after producers' group Opec declined to cut output at its weekend meeting.

Opec discusses falling oil price
Opec leaders meet in Cairo, as oil prices remain below $55 a barrel on fears that global demand is set to fall further.

Oil price down below $54 a barrel
Oil prices fall below $54 as a fall in crude demand. Iranian and Qatari oil ministers say a cut in production by Opec tomorrow is unlikely.


 

Post new comment

The content of this field is kept private and will not be shown publicly.