Oil prices breach $50 US a barrel
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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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Rising tension in Nigeria has pushed US crude oil futures to the psychological $50 a barrel level in New York. Prices rose 36 cents in electronic trading Monday evening to touch $50, the
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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.
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Oil prices above $50 a barrel â-nd rising â - now starting to adversely affect the economy and consumers in ways that had not been happening only a few months ago.
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Oil prices on the London market broke through the 50 US dollars per barrel level for the first time during Monday morning trading.
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Oil has leapt back above $50 as President George W. Bush edges towards US election victory, a result which traders. say will bolster fuel demand and underpin anxiety over security of Middle East supply.
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Crude oil surpassed $50 a barrel and was close to a record in New York as US production in the Gulf of Mexico took longer than expected to recover, slowing the buildup of inventories to meet winter needs.
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SINGAPORE - Crude oil topped $50 per barrel during Asian trading on Tuesday, pushing past the psychological milestone for the first time then surging further to new record levels likely to unsettle oil-consuming nations.    Traders bid oil to new highs in after-hours trading on the New York Mercantile Exchange in a reaction to the slow recovery of U.S...
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Oil prices surge to fresh record highs in London, with Brent crude reaching the $50-a-barrel mark for the first time.
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Renewed tensions between the US and Iran as well as a US cold snap push oil prices above $60 a barrel.
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Oil prices pierced the $50-a-barrel mark again today amid concern over possible conflict in Nigeria's oil-producing delta region.
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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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new yorkâCrude oil futures rose to almost $50 (US) a barrel yesterday as platforms in the Gulf of Mexico pumped at below-normal rates two weeks after Hurricane Ivan.
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SINGAPORE, OCT 5: US oil prices scrambled back over $50 a barrel on 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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Oil prices hugged $50 a barrel on Wednesday on worries of potential supply disruptions and with US crude inventories expected to fall due to the lingering effects of Hurricane Ivan.
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Crude oil surpassed $50 a barrel and was close to a record in New York after hurricanes in the Gulf of Mexico curbed US production for more than three weeks, slowing the accumulation of supplies to meet winter needs.
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US crude climbed 40 cents to $43.50 a barrel, around $6 below a record peak struck last Friday at $49.40. London&#39;s Brent crude gained 42 cents to $40.