Oil price rising above $71

Brent crude oil prices have climbed above $71 (€55.40) per barrel today.

Oil price rising above $71
Fri, 26 May, 2006 - 10:00

Brent crude oil prices have climbed above $71 (€55.40) per barrel today.

With Memorial Day approaching in the US, coupled with continuing concerns over Iran, it is predicted that traders will not want to enter the weekend short.

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