Oil leaps to new record near $130 a barrel

                   
reuters.co.uk     20-May-2008            

By Richard Valdmanis NEW YORK (Reuters) - Crude oil prices scaled a new peak near $130 a barrel on Tuesday amid deepening worries over tight global stockpiles and signals from OPEC that no additional supplies are forthcoming to ease the crunch. Billionaire investor T. Boone Pickens said Tuesday... [read full story]                    

FULL COVERAGE

Phil Flynn Talks High Oil Prices with ONN.tv

euroinvestor.co.uk     20-May-2008          

StreetSmarts, a weekly interview program hosted by www.onn.tv, interviewed Phil Flynn from Alaron Trading, a regular contributor to the Fox Business News Network. Kevin Cook sat down with Flynn to find what’s going on behind the headlines of $129 barrel oil, and whether those high prices are here...                    

comments