Oil surges to New record high near $140 a barrel
Oil surged to a new record high on Monday of nearly $140 a barrel, propelled by weakness in the dollar which offset the bearish impact of plans by Saudi Arabia to boost output.
LONDON // Oil surged to a new record high today of nearly US$140 a barrel, propelled by weakness in the US dollar which offset the bearish impact of plans by Saudi Arabia to boost output.