Oil breaks $54 amid supply jitters

The price of crude broke through the $54 barrier today, following speculation fuelled by a pipeline explosion in Mexico.

Oil breaks $54 amid supply jitters
Thu, 14 Oct, 2004 - 09:05

The price of crude broke through the $54 barrier today, following speculation fuelled by a pipeline explosion in Mexico.

A continued work stoppage in Africa’s largest producer, Nigeria, also affected prices.

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