Oil prices look set to remain high

THIS week’s oil price fluctuations, amid continuing international concern regarding Iran and Nigeria, have highlighted the fragility of the global oil sector. While crude prices have slipped from their four-month highs, the general upward trend that started last November could continue.

Oil prices look set to remain high Oil prices look set to remain high Oil prices look set to remain high Oil prices look set to remain high Oil prices look set to remain high

Oil prices surged last Friday as tensions mounted over Iran's nuclear ambitions and continuing civil unrest in Nigeria still adversely affected oil production in the world's eighth largest exporter.

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