Monday
16 Jun 2008
Oil Hits $139.89 a Barrel
By Annie Jacobsen in category Behind the Scenes
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.