Browse related articlesOil hits $109
Tuesday, April 08 - 2008 at 07:13
Oil surged more than $3 a barrel on Monday to rise above the $109 level due to a strong rally in gas oil and optimism that banks will manage to shore up the financial system, reported Reuters. US crude rose $2.77 to $109.00 a barrel by 1608GMT, easing off highs of $109.48 hit earlier.
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Jeff Florian, Senior ReporterTuesday, April 08 - 2008 at 07:13 UAE local time (GMT+4)
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