Crude oil prices top $51 a barrel
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Oil prices darted above $51 a barrel Tuesday as output in the Gulf of Mexico remains in shambles more than two weeks after Hurricane Ivan tore through the region.
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LONDON: Oil prices extended record-setting highs above US$51 for US crude yesterday, led by worries over the impact of Hurricane Ivan on US winter fuel stocks.
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NEW YORK - Oil prices climbed close to $51 per barrel and pushed stocks slightly lower Tuesday as investors worried that rising energy costs would dampen a widely expected fourth quarter rally.    Wall Street was uneasy but not panicky as a barrel of light crude was quoted at a record high $50.80, up 89 cents, on the New York Mercantile Exchange...
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The price of a barrel of crude oil passed the record 50-dollar level on Monday, with various factors - such as the violent situation in Iraq and hurricanes in the Gulf of Mexico â-etting the blame for the hike.
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Supplies hit $50 a barrel for the first time as global demand rises and supplies are increasingly threatened. By Brad Foss. Crude oil surpassed $50 a barrel for the first time and analysts said Tuesday that
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SINGAPORE: Oil prices have spiked up above $51 a barrel as increasing signs of an electoral victory for US President George W Bush raises the prospect of continued high demand in the world&#39;s biggest energy consumer.
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Oil prices continue to climb, with a record of $48.98 reported overnight for US light crude. While prices have fallen back to $48.56 a barrel, with Brent crude oil at $44.43, crude seems destined to climb to $50 a barrel for the first time.
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The price of crude oil ends above $50 a barrel for the first time in 21 years of trade on New York's Nymex exchange.
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NEW YORK - Oil prices climbed close to $51 per barrel and kept stocks mixed Tuesday as investors worried that rising energy costs would dampen a widely expected fourth quarter rally.    Wall Street was uneasy but not panicky as a barrel of light crude was quoted at a record high $50.85, up 94 cents, on the New York Mercantile Exchange...
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Oil prices spiked up above $51 a barrel on Wednesday as increasing signs of an electoral victory for US President George W. Bush raised the prospect of continued
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Crude oil futures traded near a record after rising above $ 51 a barrel yesterday, on concern that Gulf of Mexico producers won&#39;t fix hurricane damage fast enough to meet winter demand.
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Oil prices hugged the $51 mark in early Asian trade Wednesday, ahead of a key report in Washington on the level of commercially available oil in the United States - the world&#39;s largest consumer of crude.
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Oil prices continued to fall on Thursday after an unexpectedly large increase in crude stocks in the US. A barrel of US light crude was down 96 cents to $51.
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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 futures traded near a record after rising above $51 a barrel yesterday on concern hurricane damage to production platforms in the Gulf of Mexico will keep supplies from rising enough to meet winter demand.
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Oil prices held firm around $51 a  barrel on Wednesday, hovering near record highs amid the  sluggish recovery in U.S. Gulf oil production and an  anticipated decline in key winter fuel stocks, dealers said.
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Oil prices held firm around $51 per barrel on Wednesday, hovering near record highs amid the sluggish recovery in US Gulf oil production and an anticipated decline in key winter fuel stocks, dealers said.