[Ost-news] Oil prices hit 114 dollars a barrel

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Oil prices hit 114 dollars a barrel

5 hours ago

Crude oil prices rose to a new record above 114 US dollars a barrel as investors opted for commodities over a weaker dollar.

Light, sweet crude for May delivery reached 114.53 dollars in electronic trading on the New York Mercantile Exchange before falling back slightly.

The latest spike followed on from Tuesday's record-breaking run above the 113-dollar mark.

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    [1]: http://oilsandstruth.org/oil-prices-hit-114-dollars-barrel

URL: http://oilsandstruth.org/oil-prices-hit-114-dollars-barrel