Oil surges back to near-record highs

Oil surged back to near-record highs today amid predictions that prices could reach 150 dollars a barrel by early July.

Oil surges back to near-record highs
Fri, 06 Jun, 2008 - 17:04

Oil surged back to near-record highs today amid predictions that prices could reach 150 dollars a barrel by early July.

Crude leapt more than six dollars to the 134 dollar a barrel mark – within sight of the 135.09 dollar high seen two weeks ago – promising more forecourt misery for motorists.

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