Browse related articlesOil breaks $120 mark
Middle East: Tuesday, May 06 - 2008 at 09:20
Crude oil traded at near $120.36 a barrel in New York amid speculation that demand will face a sharp rise ahead of the Beijing Olympic Games. Yesterday, futures reached an intraday record before closing 3.1% up at $119.97 a barrel, the highest closing price since trading began in 1983, Bloomberg has reported.
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StaffTuesday, May 06 - 2008 at 09:20 UAE local time (GMT+4)
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