LONDON (Reuters) - Oil surged to a new record high on Monday of nearly $140 a barrel, propelled by weakness in the U.S. dollar which offset the bearish impact of plans by Saudi Arabia to boost output. .... U.S. crude set a record high of $139.89 a barrel.
Oil surges to new record high near $140 a barrel
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LONDON (Reuters) - Oil surged to a new record high on Monday of nearly $140 a barrel, propelled by weakness in the U.S. dollar which offset the bearish impact of plans by Saudi Arabia to boost output. .... U.S. crude set a record high of $139.89 a barrel.