Oil prices soar

Oil prices soared to fresh highs today as tensions between Iraq and Turkey added to fears over global supply.

Oil prices soar
Tue, 16 Oct, 2007 - 17:36

Oil prices soared to fresh highs today as tensions between Iraq and Turkey added to fears over global supply.

The cost of a barrel of light, sweet crude rose as high as 87.97 dollars on the New York Mercantile Exchange earlier today.

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CourtsBusinessHeathrowPlace: Middle EastPlace: LondonPlace: northern IraqPlace: TurkeyPlace: USPlace: SydneyPerson: Seymour PiercePerson: Jon DunninghamPerson: David MooreOrganisation: IraqOrganisation: TurkeyOrganisation: New York Mercantile ExchangeOrganisation: Bank of EnglandOrganisation: International Energy AgencyOrganisation: Commonwealth Bank of Australia
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