Oil prices hover around 50 dollars again

Oil prices surged above 49 US dollars a barrel today – their highest levels since the end of November – amid plunging temperatures in the US and fears of supply cuts.

Oil prices hover around 50 dollars again
Tue, 18 Jan, 2005 - 14:58

Oil prices surged above 49 US dollars a barrel today – their highest levels since the end of November – amid plunging temperatures in the US and fears of supply cuts.

Adding to supply concerns, the International Energy Agency revised demand for crude upward next year.

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CourtsBusinessHeathrowPlace: USPlace: EuropePlace: LondonPlace: NewPerson: Brent crudePerson: Peter GignouxOrganisation: International Energy AgencyOrganisation: New York Mercantile ExchangeOrganisation: International Petroleum ExchangeOrganisation: GDP AssociatesOrganisation: YorkOrganisation: IEA
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