Crude prices inch up
Crude oil prices went up by around two dollars to around 125 dollars yesterday, due to militant attack in Nigeria disrupting supplies, and also due to reports that Iran is going full speed with its nuclear program. The Iran issue is set to come up for discussion in the UN forum this week and experts feel that the confrontation between Iran and US is expected to flare up in weeks to come. And this is expected to have a big impact on the oil prices.