Oil Above $112

By: Associated Press Email
By: Associated Press Email

Singapore (AP) Oil is setting another record as the dollar sinks against the euro. The U.S. currency's depreciation has led investors to seek refuge in hard commodities such as oil, pushing it beyond $112 a barrel.

Disruption to crude supplies is also a factor.


KKCO NBC 11 News 2531 Blichmann Avenue Grand Junction, CO 81505 Station Phone: 970.243.1111 Business Fax: 970.243.1770 Newsroom Fax: 970.245.3793 News Tip & Contest Line: 970.255.8477
Gray Television, Inc. - Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 17737764