Warning as oil prices hit record high

Oil prices set a new record above US$146 a barrel today as the British prime minister Gordon Brown warned they could carry on rising for years to come.

Warning as oil prices hit record high
Thu, 03 Jul, 2008 - 13:37

Oil prices set a new record above US$146 a barrel today as the British prime minister Gordon Brown warned they could carry on rising for years to come.

Brent crude for August delivery traded in London reached US$146.69 before easing back slightly. Prices broke through US$145 earlier today.

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