US crude oil prices reach $40 per barrel

US oil prices reached $40 per barrel this afternoon on fears over security in the Middle East, the highest price level since…

Fri May 07 2004 - 01:00

US oil prices reached $40 per barrel this afternoon on fears over security in the Middle East, the highest price level since 1990.

IN THIS SECTION

MOST READ

LATEST STORIES

Election 2024 live updates: Three main parties neck-and-neck in advance of crucial leaders’ debate tonight

Republic’s incoming government should not fear taking a clear stance on unity

Sharp increase in number of illegal weight loss drugs seized

SuperValu, Costcutter, Centra and Carry Out to cease selling Conor McGregor’s Forged Irish Stout and Proper No Twelve whiskey

Seven killed as Imran Khan supporters clash with security forces in Pakistan