|
Oil
climbs above $63 a barrel
New York: Oil prices moved above $63 a barrel on Friday
as crude shipments to refineries got delayed along the
U.S. Gulf Coast. Earlier OPEC also agreed to cut output
for a second time in two months.
Many
ships have been delayed since Thursday by a thick fog
blanketing the Houston Ship Channel, and other parts of
the Gulf Coast, cutting the region's many oil refineries
off from fresh crude supplies.
Back
to News Review index page
|
