EconomySome physical oil cargoes top $130 a barrel, nearing April record, on Saudi disruptions
Prices for some physical oil cargoes in Europe rose above $130 a barrel on Tuesday, nearing the record reached in April. Buyers are scrambling for alternatives as intensifying conflict in the Middle East causes increasing disruptions to regional supplies.
Some physical oil cargoes top $130 a barrel, nearing April record, on Saudi disruptions