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Monday, August 02, 2004

BBC NEWS | Business | Attacks warning pushes oil higher

BBC NEWS | Business | Attacks warning pushes oil higher: "Attacks warning pushes oil higher
Crude oil prices pushed upward to yet another record on Monday after a weekend warning of possible al-Qaeda attacks on global financial bodies.
The US government ratcheted up alert levels on Sunday, saying it knew of threats to the IMF, World Bank and New York stock exchange.
The price of US light, sweet crude hit $43.92 (�24.09) a barrel in Asian trade on Monday, breaching Friday's record.
Jitters also hit stocks on Monday, with most Asian major markets lower. "

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