ISME concerned at oil price rises

Independent Business Organisation ISME has said it is "extremely concerned" at rising oil prices and the impact on smaller companies’ costs.

Thu, 20 Apr, 2006 - 13:07

Independent Business Organisation ISME has said it is "extremely concerned" at rising oil prices and the impact on smaller companies’ costs.

Brent crude oil jumped to a fresh record high above $74 a barrel this morning. A steep drop in US petrol stocks fuelled fears of tight summer supplies at a time of growing anxiety over Iran's exports.

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