Oil prices rise to new record

Oil prices rose to further record highs today as tensions between Iraq and Turkey and concerns over global supply put further pressure on crude costs.

Oil prices rise to new record

Oil prices rose to further record highs today as tensions between Iraq and Turkey and concerns over global supply put further pressure on crude costs.

The cost of a barrel of US light crude moved past the 86 US dollars mark to a peak of 86.79 US dollars during trading in Asia.

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