Oil hits highest price since August 2008, investors worry spreading turmoil could damage production
Oil prices soared to almost $120 a barrel on Thursday amid fears that the unrest in Libya and Bahrain could spread to other oil-rich countries in the Middle East, including Saudi Arabia. Brent crude...
To continue reading this article...
Join BusinessGreen
In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
- Receive important and breaking news stories via our daily news alert
- Our weekly newsletter with the best of the week’s green business news and analysis