Crude Oil Prices Surpass $43 a Barrel
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Oil prices surged nearly $2 a barrel Wednesday following two bombings in the capital of Saudi Arabia and after the US government reported that winter fuel supplies shrank last week.
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Singapore - Crude oil prices surged past an unprecedented $55 per barrel Monday, driven by uncertainty over production, high demand and tight global supplies ahead of the Northern Hemisphere winter.
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Crude futures prices surged above $48 per barrel Wednesday as oil production and shipping disruptions caused by Hurricane Ivan caused domestic supplies to shrink more than expected.
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Crude oil prices surged past an unprecedented 55 dollars per barrel today as uncertainty swirls over production, high demand and tight global supplies.
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Crude oil prices were back at the $49-a-barrel level Monday, after a one-day bounce Friday. The benchmark US crude was off 54 cents at $49.
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Crude oil futures traded above $49 a barrel Monday after a gas leak shut down a North Sea oil production platform and as traders weighed concerns about heating oil supplies this winter against
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-- Crude oil prices spiked above $92 a barrel Friday on tensions in the Middle East and renewed concerns about supply.
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Crude oil futures rose yesterday for the first time in a week, climbing above $43 a barrel after an attack at the US consulate in Saudi Arabia and amid growing concerns that OPEC may try to firm-up oil prices after last week's sharp sell-off.
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Crude oil prices rose to a record high in London trading and hit near-record levels in New York on Monday. London&#39;s benchmark Brent crude oil hit a record of $46.
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Oil prices have jumped nearly $2 a barrel on news of bombings in Saudi Arabia and tighter US fuel supplies. Crude for February delivery rose $1.87 to settle at $43.64 cents a barrel on the New York Mercantile Exchange Wednesday.
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Crude oil prices rose 45 cents to $41.77 per barrel on the New York Mercantile Exchange. Heating oil futures were up by 1.13 cent to $1.2221 per gallon on Nymex.
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Oil prices have surged to two-week highs following news that supplies in the US are tightening. In New York on Thursday, the cost of a barrel of oil rose almost $2 to $44.
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Crude oil prices climbed above $50 per barrel Tuesday, their highest level since futures began trading in 1983. The increase raises new questions about just how far prices will climb, with
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Oil prices were forced higher today by an outbreak of violence in Saudi Arabia and concerns that Opec may cut output. The cost of a barrel of light, sweet crude oil climbed to 43.31 US dollars after gunmen
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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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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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Singapore - Crude oil prices breached the $54 mark on Tuesday to reach a new all-time high, fueled by continuing worries over supply in Nigeria and reduced output in the hurricane-hobbled Gulf of Mexico.