Oil Sits Poised at Eur96 - 58pc Up On a Year Ago ; Fuel
Birmingham Post › January 01, 2008
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Summary
Oil ended the year steady at near EUR96 a barrel yesterday - up almost 58 per cent on its price 12 months ago, its largest annual gain this decade.
Trading was light in advance of today's holiday but the undercurrent of dwindling US fuel stocks and growing concern over global political events combined to keep the price high.See the full content of this document
Extract
Oil Sits Poised at Eur96 - 58pc Up On a Year Ago ; Fuel
US crude edged 30 cents lower to EUR95.70 a barrel by the closure of UK markets, while London Brent crude gained 31 cents to EUR94.19.
This time last year the price of oil was a...See the full content of this document
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