Summary
STORM damage to key US oil installations and supply disruptions in Russia sent oil prices spiralling beyond the $46 mark yesterday.
The cost of light crude bounced to $46.35 a barrel in New York on news that Russia's largest producer, Yukos, had scaled back exports to China.See the full content of this document
Extract
Storms and Russian Courts Push Oil Prices Higher
This followed a four per cent rise in oil prices on Friday as traders as...
See the full content of this document
Sponsored links
