Oil pushes over $68 as Iran talks overshadow OPEC
SINGAPORE (Reuters) - Oil prices climbed more than half a dollar to above $68 a barrel on Monday, shrugging off a likely rollover in OPEC' production to focus on key talks over
Iran's nuclear program and more attacks in Nigeria.
U.S. light crude climbed 51 cents to $68.27 a barrel after soaring $1.50 a barrel on Friday. Prices are up more than $7 this year and touched $69.20 a barrel a week ago, the highest since Hurricane Katrina hit the U.S. Gulf Coast last summer.
( Full story here )
Iran's nuclear program and more attacks in Nigeria.
U.S. light crude climbed 51 cents to $68.27 a barrel after soaring $1.50 a barrel on Friday. Prices are up more than $7 this year and touched $69.20 a barrel a week ago, the highest since Hurricane Katrina hit the U.S. Gulf Coast last summer.
( Full story here )
posted by Oil Shock at 6:56 PM
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