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| Petrol to hit £1 a litre within weeks as oil supply strains show |
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Petrol prices were on course last night to break the pound-a-litre barrier after the cost of crude oil on global markets rose to its highest level this year.
With the US navy putting on a show of strength off the Iranian coast and oil workers in Nigeria launching an indefinite strike, a barrel of Brent crude was trading for almost $72 last night - up more than a dollar on the day and within six dollars of last summer's record $78.40.
Guardian
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Posted on Friday, May 25 @ 09:37:23 PDT by stu |
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Average Score: 5 Votes: 1

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