Oil hits high over Turkish moves

Brent crude yesterday hit a record $84.49 on continuing tensions over possible Turkish action against the Kurds in Northern Iraq and the projected tightness of the market in the winter months.

Oil hits high over Turkish moves
Wed, 17 Oct, 2007 - 09:39

Brent crude yesterday hit a record $84.49 on continuing tensions over possible Turkish action against the Kurds in Northern Iraq and the projected tightness of the market in the winter months.

The market had receded overnight on a degree of profit-taking.

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