Independent journal on economy and transport policy
01:33 GMT+2
Oil Price Exceeds $30 a Barrel for First Time Since 1991
(The New York Times)
February 15, 2000
By Jonathan Fuerbringer
The price of crude oil jumped to more than $30 a barrel yesterday for the first time since the 1991 Persian Gulf war, and a sharp run-up in gasoline prices looks increasingly likely this summer.
The price of crude oil neared $30 in mid-January, slipped and then rallied again last week. All the time, traders were weighing concerns about ...... Read more on The New York Times
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