Oil prices at record levels

Oil prices were hovering around record highs today amid international tensions over Iran’s nuclear programme and disruptions to supply in Nigeria.

Oil prices at record levels
Tue, 18 Apr, 2006 - 08:57

Oil prices were hovering around record highs today amid international tensions over Iran’s nuclear programme and disruptions to supply in Nigeria.

Light sweet crude closed at 70.40 US dollars a barrel in New York – 59 cents above the previous record set in August after Hurricane Katrina struck the east coast of the United States.

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