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Oil hits 8-month high on Iran, China moves

By: Yossel in TT | Recommend this post (0)
Mon, 20 Feb 12 5:03 PM | 60 view(s)
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Oil hits 8-month high on Iran, China moves

A gas pump is seen hanging from the ceiling at a petrol station in Seoul June 27, 2011.

LONDON (Reuters) - Brent crude rose on Monday, briefly hitting an eight-month high above $121 a barrel, as Iran halted exports to British and French companies ahead of a European Union embargo.

Credit: Reuters/Jo Yong-Hak

Ikuko Kurahone

LONDON
Mon Feb 20, 2012 7:50am EST

link-
http://www.reuters.com/article/2012/02/20/us-markets-oil-idUSTRE81C0T620120220




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