Oil prices surge in Asian trading on fears of Middle East tensions
Oil prices surged in early Asian trading Wednesday, September 12, on concerns of mounting tension in the Middle East after deadly terrorist attacks in New York and Washington, dealers in Singapore said.
Brent crude oil for spot delivery was fetching between $30 and $31 a barrel, they said. It was trading around $24 a barrel here before terrorists struck at key buildings in New York and Washington. ― (AFP, Singapore)
© Agence France Presse 2001
© 2001 Mena Report (www.menareport.com)