Thursday, February 23, 2012

Oil hovers above $106 as Iran tensions mount (AP)

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FILE - In this Wednesday, Feb. 15, 2012 file citizen journalism image provided by the Local Coordination Committees in Syria, anti-Syrian regime activist Khaled Abu-Salah stands in front of flames and black smoke from a bombed oil pipeline, in Baba Amr neighborhood in Homs province, central Syria. Syrian troops intensively shelled rebel-held neighborhoods in the restive central city of Homs, on Friday and killed at least five people, activists said. Britain and France urged the opposition to unite and said it needs more international support to resist the deadly government crackdown. (AP Photo/Local Coordination Committees in Syria, File) THE ASSOCIATED PRESS IS UNABLE TO INDEPENDENTLY VERIFY THE AUTHENTICITY, CONTENT, LOCATION OR DATE OF THIS HANDOUT PHOTOAP - Oil prices hovered above $106 a barrel Wednesday in Asia amid concern that conflict over Iran's nuclear program could lead to global crude supply disruptions.


Source: http://us.rd.yahoo.com/dailynews/rss/energy/*http%3A//news.yahoo.com/s/ap/20120222/ap_on_bi_ge/oil_prices

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