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Oil rises to $119 on US-Iran tensions
Oil climbed above $119 a barrel after a workers strike cut production in Nigeria and tensions rose between the US and Iran.
Friday, 25 April 2008 23:45
US crude futures surged $3.15 to $119.21 a barrel by 1454 GMT, within striking distance of the all-time peak of $119.90 reached on Tuesday.
London Brent crude traded $2.98 higher at $117.32 a barrel, after hitting a new record of $117.51 earlier in the session.
Agencies
Markets
| Buying | Selling | |
| Euro | 1.8970 | 1.9061 |
| Dolar | 1.3926 | 1.3993 |
| Sterlin | 2.3989 | 2.4114 |
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