Detailed text transcripts for TV channel - CNN - 20110302:09:07:00
Electronic trade here in asia. it's under $100 a barrel. it had been up over $100 in new york trading overnight. brent crude seen as a closer indicator of the risk premium now being built to crude oil. that's come off just a fraction. now the price is still $115.36 a barrel. it was up at $116 a little earlier. those levels the highest since august of 2008. and there's growing concern that if oil prices continue to push higher, they threaten the longer-term economic recovery. the global economic recovery. also, the biggest economic recovery, the economy of the u.s. as well. here's what the rese...
Source: news source