Monday, January 30, 2012

Tensions mount as EU agrees to ban crude imports from Iran, oil prices rise

Brent March crude rose to US$ 110.5, while March crude rose to US$99.3. A decision by the European Union to ban imports of Iranian crude from July and a fresh threat by Iran to close the Strait of Horrmuz shipping channel has pushed up oil prices amid a weak dollar.

For more details on Tensions mount as EU agrees to ban crude imports from Iran, oil prices rise click here

Related Posts by Categories



Read daily plastics industry news at Plastemart.com

0 comments: