Oil Extends Record Run, Brent Over $50
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Oil prices hit fresh records again on  Monday, pushing London Brent crude above $50 for the first time  and extending a relentless rise that has added around 65  percent to the cost of crude this year.
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Oil prices broke into fresh record  territory above $52 Thursday on heightened concerns over tight  winter heating fuel supplies.
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Crude oil surpassed $50 a barrel for the first time and analysts said Tuesday that prices could keep rising because of a sharp rise in global demand, tight supplies and threats to output in petroleum-producing nations such as Iraq and Nigeria.
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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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Oil prices pushed above &#36;49 a barrel on Monday, approaching record levels as worries about the stability of supplies from Iraq, Nigeria and Russia compounded concerns over low fuel stocks ahead of winter.
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SINGAPORE -- Oil lingered above the $50 per barrel threshold in Asian trade today, breaching the mark for the second straight day ahead of key US crude stockpile data.
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Oil prices scrambled back over $50 a  barrel Tuesday, kept on edge by a prolonged production outage  in the Gulf of Mexico at a time when major exporters are  already pumping nearly full tilt.
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Drivers in Britain are facing further increases in petrol prices after crude oil prices reached all-time highs, surging past $50 a barrel.
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Oil prices hit a new record of 50.47 US dollars a barrel on Tuesday as rebels in Nigeria threatened oil output and hurricane Ivan slashed production in the Gulf of Mexico, despite Saudi Arabian pledge to increase output.
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LONDON : Oil prices rallied back above 50 dollars a barrel, closing in on record high points on technical factors and persistent worries about tight global supplies, traders said.
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Oil prices rose to record highs Monday near $50 a barrel for US crude as Nigeria emerged as the latest focus for worries about supply in an already tight worldwide energy market.
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Crude oil topped $50 per barrel during Asian trading today, pushing past the psychological milestone for the first time then surging further to new record levels likely to unsettle oil-consuming nations.
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LONDON - Crude oil topped the psychological milestone of $50 per barrel Tuesday for the first time, and a Saudi Arabian oil official said the world's largest petroleum exporter would raise its production capacity by 15 percent in a bid to calm prices.    Analysts said instability in the Middle East, political unrest in Nigeria, Africa's top oil exporter, and damage to U.S...
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Oil prices surged closer to $50 a barrel after hitting yet another record high in the US yesterday, as confusion reigned over the fate of Najaf, sparking fresh fears about Iraq&#39;s oil supplies.
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U.S. crude oil futures broke through &#36;50 to a new record on Tuesday, on worries over supply disruptions from Nigeria and other major producers.
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Crude oil in New York traded near a record after exceeding $50 a barrel yesterday on threats to Nigeria&#39;s oil output and as US production remains lower than normal because of damage from Hurricane Ivan.
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PARIS The price of oil, which has been inexorably rising for the past two years, finally broke through the $50-a-barrel mark Tuesday, reaching a new milestone as some analysts warned that there was nothing to stop prices from rising even further.