Hirunews Logo
World+Crude+oil+prices+increase
Saturday, 07 September 2013 - 12:24
World Crude oil prices increase
1,046

Views

 

Crude-oil prices surged higher yesterday amid US-Russia tensions over a potential military strike on Syria, pushing the US contract to a 28-month high.

 

The New York benchmark, West Texas Intermediate for October delivery, shot up $2.16 to close at $110.53, the highest level since May 2011.

 

US President Barack Obama and Russian counterpart Vladimir Putin remained at loggerheads over US plans for military action in response to Syrias alleged August 21 chemical weapons attacks against its own civilians.

 

In other oil market news, Shell said it would begin compensation talks next week with thousands of Nigerian villagers who say their livelihoods were ruined by two massive 2008 oil spills in the Niger Delta.

Make a Comment
Make a Comment

DOWNLOAD HIRUNEWS APP ON ANDROID & APPLE
Gypsy community facing hardships
Monday, 19 February 2018 - 16:46
The Gypsy community who are found in Sri Lanka consider Kerala State in India as their native region.They speak Telugu language.The Gypsy community... Read More
News Image
Hiru News Programme Segments
3,071 Views
14,986 Views
535 Views
2,700 Views
33 Views
16,414 Views
Top