The price of oil neared $102 a barrel Wednesday for the first time since May last year as Egypt’s political crisis intensified, raising the risk of fuel supply disruptions. Benchmark crude for August delivery was up $2.07 to $101.65 a barrel at midday Bangkok time in electronic trading on the […]
Tag: Oil
Oil above $98 as protests rock Egypt government
The price of oil advanced past $98 a barrel Tuesday, underpinned by political unrest in Egypt that raised fears of disruption to global crude supplies. By early afternoon in Europe, benchmark crude for August delivery was up 37 cents to $98.36 a barrel in electronic trading on the New York […]
Oil price falls below $95 a barrel
Price of oil falls below $95 a barrel ahead of release of weekly inventory data The price of oil fell below $95 a barrel on Wednesday as traders awaited the latest U.S. government report on energy supplies. Benchmark oil for August delivery was down 74 cents to $94.58 per barrel […]
