Oil prices continue higher record levels

Price of light American crude oil yesterday Friday exceeded the record price of Thursday of 49.40 dollars per barrel, in New York dealings to increase to its highest levels ever and fears of markets of the lack of supplies as a result of the increased fighting in Iraq and the recession of oil storage in the USA.

Also Brent crude in London reached its highest price of 45.15 dollars per barrel.

On Thursday, the American crude oil registered a record in New York stock exchange that reached 48.70 dollars per barrel, and thereby continues achieving new records.