Oil hits record above $105 on dollar

  • Oil hits record above $105 on dollar, OPEC, supply

    Oil hits record above $105 on dollar, OPEC, supply

    Thursday, 6th March 2008
    Oil hit a record high above $105 on Thursday as a weak dollar helped prices to extend the previous day's gains, which were prompted by a drop in U.S. oil inventories and OPEC's decision to keep output unchanged.