Yukos news adds to worry over oil prices

Oil prices were hovering close to their recent record high today after Russian producer Yukos was ordered by bailiffs to stop sales.

Yukos news adds to worry over oil prices
Wed, 28 Jul, 2004 - 17:55

Oil prices were hovering close to their recent record high today after Russian producer Yukos was ordered by bailiffs to stop sales.

A barrel of crude moved $0.41 higher to $42.25 (€35.10) in New York – just $0.20 away from the 21-year high seen in June.

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