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Oil above USD30 per barrel
- United Arab Emirates: Monday, December 23 - 2002 at 11:53
The combination of hightened war fears and a strike in Venezuela sent oil prices close to a three-month high on Monday. US oil futures were up 62 cents to USD30.92 per barrel. Washington and London both indicated that an invasion of Iraq early in the New Year looked increasingly likely.
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Peter J. CooperMonday, December 23 - 2002 at 11:53 UAE local time (GMT+4)
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This article was updated on Sat Jan 11 2003.
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