Summary
The cost of oil rocketed to a new record yesterday as worries were also mounting over the high cost of UK gas.
The double whammy is fuelling concern that continued high prices could eat into corporate profits.See the full content of this document
Extract
Double Whammy As Oil and Gas Prices Shoot Up
In New York, the cost of a barrel of crude oil broke through the previous high of $50.47 set last week to reach $50.60.
Brent crude also rose above last week's record to stand at $46...See the full content of this document
Sponsored links
