Crude Oil Settles Above $50 Per Barrel For First Time
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NEW YORK -- Crude oil futures prices ended above $50 a barrel for the first time on the New York Mercantile Exchange. In New York, crude for November delivery rose 48 cents and closed at a record $50.
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Crude oil prices briefly hit an all-time high of $50.69 on Tuesday as worries persisted over supply and unrest in key producers.
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US oil prices reached a record $50 a barrel on Monday as Nigeria emerged as the latest focus for worries about supply in an already tight worldwide energy market.
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Crude oil futures rose to within a quarter of $50 a barrel yesterday after a gas leak shut down a North Sea oil production platform, and as traders weighed concerns about heating oil supplies against the fact that temperatures have been mild in recent weeks.
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Oil prices rose to record highs Monday  near $50 a barrel for U.S. crude as Nigeria emerged as the  latest focus for worries about supply in an already tight  worldwide energy market.
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NEW YORK For the first time, oil has settled the day priced at more than 50 dollars a barrel. In New York, crude for November delivery rose 48 cents and closed at a record 50 dollars, 12 cents a barrel.
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U.S. crude oil futures broke through  $50 to a new record on Tuesday, on worries over supply  disruptions from Nigeria and other major producers.
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Crude oil prices pushed past the psychologically important US$50-per-barrel mark Tuesday to an all-time high of US$50.01 as the market reacted to the slow recovery of US oil production in the Gulf of Mexico following Hurricane Ivan.
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TORONTO - Crude oil prices hit an all-time high Tuesday, pushing past the psychological barrier of $50 US per barrel during Asian trading.
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Crude oil prices breached the psychological mark of US$50-per-barrel on Tuesday on worries that production shutdowns from hurricanes in the Gulf of Mexico and growing unrest in Nigeria would undermine global supply of black gold.
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Crude oil prices surged to a record, exceeding $51 a barrel in New York for the first time, amid concern that hurricane damage to production platforms in the Gulf of Mexico will keep supplies from rising enough to meet winter needs.
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LONDON - Crude oil futures contracts topped the psychological milestone of $50 per barrel for the first time Tuesday, surging to new record levels that could unsettle oil importing nations.    Analysts said instability in the Middle East; political unrest in Nigeria, Africa's top oil exporter; and the Caribbean's hurricanes were keeping traders on edge about world supplies...
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Business & money: Crude oil over $100 a barrel for the first time, following jitters over possible tightening of supply
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Crude oil futures surged to within striking range of $50 a barrel yesterday, though traders were split on where the market was headed next.
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Crude oil prices surged to settle above 48 dollars per barrel Friday as traders concerned that OPEC might scale back output later this year.
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Crude oil prices break records again as  US light crude tops $50 a barrel in Asian trade and Brent stays above $46.
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SINGAPORE - The price of crude oil surged past an unprecedented $55 per barrel Monday amid continued uncertainty over production, high demand and tight supply globally.    The price of crude for November delivery on the New York Mercantile Exchange reached $55.02 per barrel mid-morning in Asia, up 9 cents from its settlement price on Friday...