Oil price exceeds $ 75 per barrel

Oil price exceeds $ 75 per barrel

The price of a barrel of Brent crude to be delivered in June has now passed the $ 75 barrier for the first time since the end of October on the London commodities market, and is being traded at $ 75.35 plus 78 cents close of Wednesday.

In New York, Light Sweet Crude's barrel for the same delivery date rose 19 cents to $ 66.08, the record in six months.

The oil price is being driven by US pressure to limit Iran's oil exports and the prospect of growing world demand.

Read more in Jornal de Angola

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