Oil prices rise again

Published Friday July 25th, 2008
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AP
Traders work in the oil futures pit at the New York Mercantile Exchange in New York, yesterday. Oil market investors tried but failed to start a rally in crude yesterday, leaving prices hovering below $125 a barrel after an earlier move higher. Prices rose after shedding nearly $4 a barrel in the previous day’s session on concerns that high fuel prices are dampening demand in the world’s biggest energy consuming country.

Traders work in the oil futures pit at the New York Mercantile Exchange in New York, yesterday. Oil market investors tried but failed to start a rally in crude yesterday, leaving prices hovering below $125 a barrel after an earlier move higher. Prices rose after shedding nearly $4 a barrel in the previous day’s session on concerns that high fuel prices are dampening demand in the world’s biggest energy consuming country.

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