Summary
Fears over supply shortages has driven oil prices to fresh highs despite signs oil cartel Opec could move to cool the market.
The cost of a barrel of light crude oil rose to a record $57.79 in New York yesterday - its highest level since trading began - before slipping back to $57.53.See the full content of this document
Extract
Opec Is Ready to Cool Oil Market
In London, the price of Brent crude oil also hit a new peak of $56.89 a barrel.
Opec...See the full content of this document
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