Oil breaks through $70 barrier
August 29, 2005 - 10:57AM
Crude oil surged to a new record high in New York late today, with the benchmark contract briefly rising above $US70 per barrel in after-hours trading.
The West Texas Intermediate crude for October delivery rose to $US70.80 in electronic trading on the New York Mercantile Exchange amid concerns about supply shortages.
- Kyodo
Crude oil surged to a new record high in New York late today, with the benchmark contract briefly rising above $US70 per barrel in after-hours trading.
The West Texas Intermediate crude for October delivery rose to $US70.80 in electronic trading on the New York Mercantile Exchange amid concerns about supply shortages.
- Kyodo
posted by Dennis @ Monday, August 29, 2005
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