Oil prices climb back over $50
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In Asian trade, US light crude hit $50.28 a barrel, the highest since the record $50.47 one week ago. London&#39;s Brent crude opened higher Tuesday, up 46 cents at $46.
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NEW YORK -- Crude oil futures briefly climbed back over $50 a barrel yesterday, with worries over the security of Nigerian supplies supporting prices despite a surprise increase in US crude inventories.
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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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Oil prices rose on Wednesday, pushed upwards by technical buying, but struggling to break above the narrow range that has persisted this month.
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Oil prices soared to a new record  above $50 on Tuesday as uncertainties over Nigerian output  heightened worries of a severe supply disruption ahead of  winter.
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U.S. blue chips were higher today, led by shares of major oil producers benefiting from higher crude oil prices, which broke through the $50 a barrel mark.
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Oil prices hit fresh records on Monday, pushing London Brent crude 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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Oil prices rose to record highs Monday near $50 a barrel for US crude as Nigeria emerged as the latest focus for worries about supply in an already tight worldwide energy market.
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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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Crude oil prices climbed back to the $54 level Wednesday, reversing a two-day slide, after the US government&#39;s weekly petroleum supply report showed a fifth straight week of declining inventories of distillate fuel, which includes heating oil and diesel.
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Crude oil climbed back over $50 a barrel on Thursday, with worries over the security of Nigerian supplies supporting prices despite a surprise increase in U.S. crude inventories.
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Oil prices stepped back from this  week's eight percent rout on Friday, holding well above $50 a  barrel as analysts said it would take more than China's mild  interest rate rise to stem demand growth from the world's  second largest user.
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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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RIYADH, 6 September 2004 - Oil prices soared to historical record levels approaching $50 a barrel two weeks ago, after ranging at about $10 five years ago.
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Oil prices rose to record highs Monday  near $50 a barrel for U.S. crude as Nigeria emerged as the  latest focus for worries about supply in an already tight  worldwide energy market.
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Oil prices extended a bounce from three-week lows on Monday, climbing back above $52 for US crude amid jitters over tight global winter fuel stocks and this week&#39;s US presidential election.
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Oil prices scrambled back over $50 a  barrel 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.