Oil Prices Inch Higher
157 views · Published 12 June 2009 · 1:23 · Indexed 20 September 2026
Channel: Voice of America · 2009 · News & Politics
The price for a barrel of oil rose briefly above $73 a barrel on Thursday -- its highest level in eight months. Some analysts say the surging prices suggest the worst of the U.S. recession may be over. But others warn the price hikes could delay the economic recovery, as consumers spend more to pay for gasoline. VOA's Mil Arcega reports.
