Oil surges $3 to above $109 level

  • Oil surges $3 to above $109 level

    Oil surges $3 to above $109 level

    Tuesday, 8th April 2008
    London: Oil surged more than $3 a barrel yesterday, above the $109 level, lifted by a strong rally in gas oil and as optimism that banks will manage to shore up the financial system fuelled buying across commodities and equities.