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London oil price hits $146 record

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The price of oil has continued to climb - with Brent crude rising above $146 a barrel for the first time.

Brent crude rose by as much as $2.43 to $146.69 a barrel in London. US light, sweet crude added $2.28 to $145.85.

Oil prices have risen significantly since the US government announced on Wednesday that its crude stockpiles had fallen by more than expected last week.



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This page contains a single entry by Nishikant published on July 3, 2008 10:21 PM.

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