Archive for June 16th, 2008

Monday, June 16th, 2008

Oil Hits $139.89 a Barrel

Over the weekend, Saudi Arabia promised the United Nations it would add 200,000 barrels of oil to its daily output. Nevertheless, oil prices hit $139.89 a barrel this morning before falling back to $134.86.
On June 22, an 'Oil Price Summit' will take place in Jeddah, Saudi Arabia.
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