Experts: $120 Is the danger point for oil returning as economic threat
From Moneymax The global economy faces a new threat from an old enemy: oil. A spike in the price of crude foreshadowed economic slumps in each of the last four decades and economists are worrying anew after Brent touched its…
Libyan conflict causes oil price hike
PARIS (AP) — Confusion over the extent of the rebels’ hold on the Libyan capital and a rally in stock markets drove oil prices higher Tuesday, a day after they fell in anticipation of the end of strongman Moammar Gadhafi’s…
