103 dollars a barrel

[STEED]

This is going to hit hard if this continues, how much longer will people here in the UK sit there and take it?

The price of oil has set another record after passing the 103 dollars a barrel mark.

Light, sweet crude for April delivery continued a week of unprecedented rises after fetching 103.05 dollars in electronic trading on the New York Mercantile Exchange. It later fell back to stand just below 102 dollars.

The spike came amid fresh fears of a US recession, leading to expected lower interest rates across the Atlantic.

http://www.dailyexpress.co.uk/posts/...ses-set-record