Thursday, April 21, 2011

Brent oil tops $124

ICE Brent crude futures for June rose 22 cents to $124.07 a barrel by 5:40 a.m. EDT. The U.S. oil benchmark was up 48 cents at $111.93 a barrel by the same time.

Reuters data showed the correlation between a weakening dollar and rising oil prices is the strongest this year...

No comments: