$144

By GottaLaff

::gavel bang!:: Oil rise!

Oil prices hit record high points close to $144 per barrel on Monday as the dollar fell further and amid a conference and protests staged in response to soaring crude, analysts said. [...]

Crude futures have doubled in the past year and have risen by almost 50 per cent since the start of 2008, when they breached $100 for the first time, triggering fears over inflation and slower economic growth.