Crude prices hit six-month highs

Oil prices hit six-month highs of $25 a barrel (bbl) in March as a combination of rising demand, continued supply curbs and fears of US action against Iraq drove prices up.

Aaron Brady, manager, global product market analysis at Boston-based research firm Energy Security Analysis Inc (Esai), says it is hard to quantify how much the recent price increases are due to continued speculation that the US government will extend its war on terrorism to Iraq or to fundamentals of supply and demand. Bu

To continue reading...

You must be signed in to use this feature.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: