Independent journal on economy and transport policy
08:34 GMT+2
Oil retreats from 10-year high
(BBC News)
October 12, 2000
Crude oil prices retreated in late trading on Thursday after having raced to 10-year highs earlier in the day amid fresh outbreaks of violence in the Middle East.
But analysts expect oil prices to remain firm on Friday as tensions in the Middle East show few signs of subduing.
In New York, the price of a barrel of Nymex crude was last traded at $36.10, ...... Read more on BBC News
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