Oil Reaches $147
Crude oil surpasses record highs from two weeks ago by climbing above $147 a barrel today after having fallen slightly over the last couple of days. Market expert claim the resent Iran Missile test are the drive force behind the recent serge in price.
Unconfirmed reports suggest that the United States has admitted that at least some of Iran’s resent missile test had been faked. New reports suggest that the $5 jump was contributed by Nigeria and a strike by Brazilian oil workers next week.
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