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Oil price reaches US$141 a barrel
Saudi Press Agency Published in Saudi Press Agency on 02 - 07 - 2008

Oil rose above US$141 a barrel Wednesday, the Associated Press reported.
By midday in Europe, light, sweet crude for August
delivery was up 26 cents to US$141.23 a barrel in
electronic trading on the New York Mercantile Exchange.
Prices rose as high as US$143.33 a barrel Tuesday, just 34
cents shy of Monday's trading record, before settling at
US$140.97.
In London, Brent crude futures were up 93 cents to
US$141.60 on the ICE Futures exchange, the Associated Press reported.

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