Oil prices back up higher than $103 a barrel

Filed under: AM Roundup |

Oil prices inches above $103 a barrel yesterday, according to the Christian Science Monitor.

Crude has jumped from 475 in October to above $100 as the investors worry an attack by Israel or the United States on Iran’s nuclear prgram could disrupt supplies.

The price of crude oil has slid from 4410 a barrel last week, because the industry is pinning hopes n a compromise.

Read more at the Christian Science Monitor.