Oil busts $85 barrier on Turkey tension

Oil hit a new record high above $85 a barrel today, continuing its upward march as tension between Turkey and Iraq added to a rally fuelled by winter supply worries and dollar weakness.

Conflict: PKK gunmen at a training camp in norther Iraq
Conflict: PKK gunmen at a training camp in norther Iraq
Published 15 October 2007, 10:05Updated 15 October 2007, 17:50