Monday, Aug 14, 2006
Oil price falls, but for how long?
SKY News: Oil Slips Back On Truce
Oil fell to $73 a barrel as a UN-brokered truce took effect to end fighting between Israel and Hizbollah. The move eased concern about supply from a region that pumps a third of the world's oil.
Posted by webmaster @ 04:46 PM (195 views) Add Comment
1 Comment
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1. waitingfor hpc said...
oil was about $30 a barrel only 12 odd months ago. Now at $73 so let me see...... thats 145% increase..........and inflation remians steady at 2.5%. That seems logical. NOT.