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Oil price hits 15-month high
- Middle East: Monday, January 11 - 2010 at 14:26
Oil prices climbed to a 15-month high above $83 a barrel on Monday, as data showing China's crude oil imports surged by nearly 25% in December and the US dollar weakened, Reuters has reported. US crude for February delivery rose 67 cents to $83.42 a barrel by 0958 GMT, off an earlier peak of $83.67, the highest price since October 2008.
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StaffMonday, January 11 - 2010 at 14:26 UAE local time (GMT+4)
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