London's Brent crude futurea again hit a new record of $72.64 a barrel on the IPE.
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Oil Prices Up To More Than $73
Oil prices have hit a record high of $73.09 a barrel
Oil prices have hit a record high of $73.09 a barrel on Tuesday, continuing to reflect world's fears over Iran's confrontation with the international community over its nuclear program.
US light sweet crude surged picked up more than $1 in New York trade to $73.09 a barrel, overpassing last year's previous high of $70.85 reached after Hurricane Katrina.
London's Brent crude futurea again hit a new record of $72.64 a barrel on the IPE.
Analysts said that prices would continue to head upwards as long as Iran's dispute with the international community over its nuclear intentions remained unresolved.
London's Brent crude futurea again hit a new record of $72.64 a barrel on the IPE.
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