Browse related articlesOil prices surge to record near $144
Middle East: Tuesday, July 01 - 2008 at 07:30
Oil prices briefly hit record highs of close to $144 per barrel on Monday amid heightened market fears of conflict between Israel and Iran over Teheran's nuclear programme. New York's main oil futures contract, light sweet crude for August delivery, closed down 21 cents at $140.00 a barrel, not far off its record closing high of 140.21 dollars struck on Friday.
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Jeff Florian, Senior ReporterTuesday, July 01 - 2008 at 07:30 UAE local time (GMT+4)
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