Crude oil prices climb on fears of Hurricane Ivan&#39;s path
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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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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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Oil prices rose to another record Tuesday as a long supply disruption in the Gulf of Mexico from Hurricane Ivan caused concern about winter heating fuel supplies.
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Oil prices jumped more than a dollar,  climbing above $48 a barrel Wednesday after U.S. data showed  the disruption caused by Hurricane Ivan had eaten into fuel  stocks.
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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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Crude oil may rise from a record US$53 a barrel over concerns that imports will not make up for a drop in Gulf of Mexico output caused by Hurricane Ivan.
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New York - Oil prices rose sharply Wednesday following the release of a US government report that said crude supplies fell by more than expected last week due to disruptions caused by Hurricane Ivan.
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Reports of damage to several oil facilities and more storms on the way raise crude prices. LONDON  - Crude prices climbed Friday as oil companies surveyed the damage wreaked by Hurricane Ivan after the storm pounded the key oil producing region.
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NEW YORK -- Oil prices surged yesterday on fears of hurricane damage and lower-than-expected crude oil and gasoline inventory data released by the government.
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World oil prices rose on Thursday as  Hurricane Ivan reached the U.S. Gulf Coast, having shut more  than 1 million barrels of daily output in the Gulf of Mexico  and 13 percent of refining capacity in the United States.
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Crude oil prices jumped above $51 a barrel yesterday, setting a fresh record amid a prolonged production shut-down in the Gulf of Mexico in the wake of Hurricane Ivan.
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Crude oil prices pushed past the psychologically important 50 dollars per barrel mark today to an all-time high of 50.01 dollars as the market stayed bullish on a slow post-Hurricane Ivan recovery in the Gulf of Mexico.
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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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Oil prices have gone up sharply in the past month because of production snags in the Gulf of Mexico, where more than 22.6 million barrels of production have been lost since Hurricane Ivan hit mid-September.
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Crude oil futures may rise in New York on speculation Hurricane Ivan could disrupt output from platforms in the Gulf of Mexico as the storm nears the US mainland this week.
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Oil jumped $1 past $75 a barrel on  Tuesday as a top U.S. hurricane forecaster called for a busy  end to the Atlantic storm season, raising concerns over  potential oil and gas disruptions.
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Crude oil prices surged to a record, exceeding $51 a barrel in New York for the first time, amid concern that hurricane damage to production platforms in the Gulf of Mexico will keep supplies from rising enough to meet winter needs.