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Oil nears $100
- Monday, November 26 - 2007 at 10:46
Oil rose to a near record high on Monday, as continued weakness in the dollar and cold weather in the US spurred prices once again toward the $100 a barrel mark, reported Reuters. US light, sweet crude for January delivery rose 67 cents to $98.85 by 0120 GMT, building on last week's late gains and nearing the all-time high of $99.29 from last Wednesday.
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Jeff Florian, Senior ReporterMonday, November 26 - 2007 at 10:46 UAE local time (GMT+4)
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