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Oil price moves $2 up
- Middle East: Saturday, August 30 - 2008 at 09:06
Oil price went up by $2 to near $118 a barrel on Friday as energy companies braced for the entry of Tropical Storm Gustav in the gulf of Mexico, Bloomberg has reported. Crude for October delivery has gone up to $2.12 to $117.71 barrel while London Brent crude rose $1.78 to $115.95 a barrel.
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Medilyn Manibo, Assistant News EditorSaturday, August 30 - 2008 at 09:06 UAE local time (GMT+4)
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