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Commodities

Wednesday May 20, 05:01 PM

 

 

The price of New York oil struck 62.14 dollars a barrel

By Luis Robayo

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The price of New York oil struck 62.14 dollars a barrel on Wednesday, the highest level since November 10, as traders reacted to a bigger-than-expected drop in US crude reserves and the weak US currency. The price of New York oil struck 62.14 dollars a barrel on Wednesday, the highest level since November 10, as traders reacted to a bigger-than-expected drop in US crude reserves and the weak US currency.


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