Global crude oil surge to a three-month high following Iran`s detention of 15 British sailors and the UN`s decision to tighten sanctions against the country that triggered concern that Middle East supplies may be disrupted. Oil prices for May...
The international crude price slips 1.7 percent to below $70 per barrel owing to the death of the dreaded al-Qaida leader Abu Musab al-Zarqawi in Iraq. The crude supply from Iraq had been restrained due to the frequent attacks and instability, but the...
Fresh Comments