Ivan skirts Gulf&#39;s oil &#39;refinery row&#39;
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Hurricane Ivan spared the critical Gulf Coast refining belt, but oil prices rose anyway Thursday on fears a new storm brewing in the Caribbean will delay tankers carrying imported crude to US ports.
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Description: With Hurricane Ivan approaching, oil companies evacuate hundreds of oil workers from drilling platforms in the Gulf of Mexico.
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World oil prices rose on Tuesday as  Hurricane Ivan charged toward the oil-rich Gulf of Mexico,  where energy companies evacuated thousands of offshore workers  and halted some production.
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Oil prices were hovering close to last weekâs record high today after breaking through the $50 mark again. Production problems in the Gulf of Mexico due to the impact of Hurricane Ivan continued to have
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Crude oil rose on Monday in New York as market concerned that the approach of Hurricane Ivan woulddisrupt production and tankers shipments in the Gulf of Mexico.
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Oil prices shot up more than $1 a barrel Monday as traders focused on the changing path of Hurricane Ivan, which prompted several large oil and natural gas producers to evacuate rigs in the Gulf of Mexico.
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World oil prices rose on Thursday as  Hurricane Ivan slammed into the U.S. Gulf Coast, where over a  quarter of the country's oil and gas is produced.
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DALLAS (CBS.MW) -- Oil-service equipment in the Gulf of Mexico is built to withstand the fierce winds of Hurricane Ivan. The bigger threat is a decline in demand for the companies&#39; equipment.
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World oil prices rose on Thursday on  worries about oil production shut by Hurricane Ivan and a new  storm that could delay imports from entering the Gulf of  Mexico.
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Oil prices hurdled $47 a barrel Tuesday, with further declines in the nation&#39;s supply expected in the short-term as petroleum producers disrupted by Hurricane Ivan continue to regroup.
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U.S. oil prices hovered just shy of  $44 a barrel on Tuesday, awaiting the arrival of Hurricane Ivan  in the oil-rich Gulf of Mexico, where energy companies had  evacuated thousands of offshore workers and shut some  production.
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The record is in response to the slow recovery of US oil production after Hurricane Ivan in Florida, as well as unrest in key producers Saudi Arabia, Iraq and Nigeria.
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Crude oil prices closed higher Thursday in an up-and-down session as a consensus built that whatever havoc Hurricane Ivan causes in the southeast, its impact on Gulf Coast oil production will be short-lived.
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World oil prices fell about $2 a  barrel on Friday as dealers took profits from a recent rally,  but the market remained on edge as powerful Hurricane Ivan  thrashed through the Caribbean on a track toward the  energy-rich Gulf of Mexico.
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World oil prices rose on Tuesday as  Hurricane Ivan charged toward the oil-rich Gulf of Mexico,  where energy companies shut down refineries and offshore oil  rigs and evacuated thousands of workers.
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By ALAN ZIBEL  WASHINGTON - Environmental activists on Thursday said more stringent air-quality regulations are needed for oil refineries along the Gulf Coast, a region densely populated with petroleum industry plants.
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World oil prices climbed on Monday as  companies operating in the U.S. Gulf of Mexico braced for  output disruptions from powerful Hurricane Ivan.