Brent North Sea crude for August delivery jumped 1.46 dollars to 73.98 dollars per barrel in closing trades in London on Wednesday after an intraday high of 74.22 dollars.
Pyongyang has remained silent so far over the reports.
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Crude Oil on Record High
New York crude oil price surged to record high Wednesday
New York crude oil price surged to record high Wednesday on fears over the tensions caused by the reported missile test-firing by the Democratic People's Republic of Korea (DPRK).
New York's light sweet crude for delivery in August, leapt 1.26 dollars to a record closing high of 75.19 dollars a barrel on the NYMEX.
Brent North Sea crude for August delivery jumped 1.46 dollars to 73.98 dollars per barrel in closing trades in London on Wednesday after an intraday high of 74.22 dollars.
The United Nations Security Council met Wednesday for an emergency meeting to discuss the missile tests by DPRK.
Pyongyang has remained silent so far over the reports.
Brent North Sea crude for August delivery jumped 1.46 dollars to 73.98 dollars per barrel in closing trades in London on Wednesday after an intraday high of 74.22 dollars.
Pyongyang has remained silent so far over the reports.
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