Fears mount over winter oil prices

The cost of oil remained close to its record high in London today amid concerns over tight supplies ahead of the winter.

The cost of oil remained close to its record high in London today amid concerns over tight supplies ahead of the winter.

Brent crude stood at 44.68 US dollars a barrel, down slightly on last night’s record of 44.93 US dollars – which was the highest since trading started in 1988.

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