OIL UP

Oil prices have been continuing to move upwards since the extreme lows of last month.

Brent crude has been trading at over $32 a barrel - still relatively low compared to where it was last year.

This month 2 million barrels of oil were headed to Cork for storage in a facility there.

Every place that can hold oil is currently doing so. The importance of the oil price is set out in this an article below - click on the link.


www.bbc.com