Oil Prices Surge to a Record High
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Oil prices surged to a new high of $47 a barrel on Wednesday on evidence from major economies that energy costs are not substantially slowing the economic growth that fuels oil demand. Fresh threats by rebel militia in ...
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Oil prices surged to a new high of $47 a barrel on Wednesday on evidence from major economies that energy costs are not substantially slowing the economic growth that fuels oil demand.
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The price of crude oil hit another record high yesterday, capping a wild week on Wall Street, punctuated by widespread rumors and violent market swings.
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Oil prices surged to new record highs  again Tuesday, taking U.S. crude above $54, with global  supplies hounded by outages that are thwarting efforts to build  winter heating fuel inventories.
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Driven by an unprecedented surge in demand, oil prices crossed a long-awaited symbolic milestone.
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Oil surged beyond $90 to a new peak on Friday as tight fuel stocks ahead of winter and a softening dollar spurred investor buying.
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Oil prices surged within touching distance of record highs after an unexpected fall in US crude stockpiles fanned supply fears.
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Crude oil prices surged to a new high Monday on supply concerns ahead of the winter, a possible petroleum-industry strike in Norway and data showing that China&#39;s big demand for oil is likely to increase.
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Oil prices surge to new highs in Asia and London amid concerns over winter fuel shortages.
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Oil prices rose to record highs on  Monday, pushing crude in London 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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The price of crude oil rose to a record high yesterday even as the Bush administration agreed to tap the nation&#39;s emergency oil stockpile because of supply problems caused by Hurricane Ivan.
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CRUDE oil prices surged past US$50 a barrel for the first time yesterday to a new record high, raising concerns that higher energy costs could slow the global economy next year.
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Global oil prices set a 10-month high, breaking through the $73 a barrel level due to high US petrol demand.
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Oil jumped to a record high past $93 a barrel on Monday, as stormy weather disrupted supplies from giant exporter Mexico and the dollar wallowed near record lows.
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Oil prices surged to yet new record  highs Tuesday, driving U.S. crude above $54 as global supply  outages thwart efforts to build winter heating fuel  inventories.
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Oil hit a record high above $79 a barrel  on Wednesday, propelled by an unexpectedly large drop in U.S.  crude oil stocks that coincided with only a small output  increase from OPEC ahead of peak winter demand.
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World oil prices surged to historic highs Friday, breaching 92 dollars for the first time in New York on rising tension in crude-rich Iran and tight US energy supplies, analysts said.