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Oil Prices Up
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Description
FBN’s Stuart Varney with a morning markets update.
- Duration 0:58
- Date Jul 3, 2012
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Transcript
This transcript is automatically generated
It is the price of oil that is making news this morning it is spiking look at that we have the price of again about look for.
Up about 3587.
Dollars -- about.
More save Iraq and in the Middle East Iran state media reports successful long range missile tests after the European Union enacted an oil embargo.
Today's missile firings come one day out programs parliament threatened to blockade despite all the moves -- also -- Because maybe -- -- -- a lot more money.
There's some good news on gas private equity firm Carlyle group agreed to take a majority stake and assume operations of -- -- Philadelphia refinery.
There probably is one of the biggest in the country got the capability.
To process 330000.
Barrels of oil a day.
Call -- says it needs at least two -- a million dollars worth all the upgrades that judge please next.
