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Oil hits yet another fresh high
Consumption; Demand; PricesGuest writes: Crude oil has hit yet another all-time high in early Friday trading.

Driven by surging demand and continuing supply concerns, US light crude touched $124.70 a barrel in Asian exchanges, up $1.01 from Thursday's close. Meanwhile, London's Brent crude was up 85 cents to $123.69 from Thursday's record $122.84 close.

BBC

Posted on Friday, May 09 @ 05:00:37 EDT by waegari
 
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Forget About Cheap Oil

 
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