Oil prices climb in London, New York shut
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LONDON  - Oil prices rose over worries about a possible supply shortage of US heating oil stocks during the northern hemisphere winter.
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NEW YORK - Oil prices climbed close to $51 per barrel and kept stocks mixed Tuesday as investors worried that rising energy costs would dampen a widely expected fourth quarter rally.    Wall Street was uneasy but not panicky as a barrel of light crude was quoted at a record high $50.85, up 94 cents, on the New York Mercantile Exchange...
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Oil prices jump to record closing levels in New York amid concerns about the US supply situation.
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World oil prices rose on Thursday as OPEC ministers gathering in Cairo raised the prospect of cutting output. New York&#39;s main contract, light sweet crude for delivery in January, climbed 59 cents to 42.53 dollars a barrel.
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The price of New York oil hit a fresh record high of 80.20 dollars a barrel Thursday on trader worries that stormy weather could hamper energy production in the US Gulf of Mexico.
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The price of crude oil surged 4.8 percent in New York yesterday, the biggest rise in more than five months, on concern that cold weather in Europe will draw heating oil from the United States.
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The weeklong slide in the price of oil from a record of almost $50 ends with a slight rise in New York and London.
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UK blue chips closed higher for the 11th session in the last 12, with oil companies gaining on a strong crude price, and Wall Street reacting calmly to US economic data.
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Crude oil prices surged to a record in New York and London on concern that hurricane damage to production platforms in the Gulf of Mexico will keep supplies from rising enough to meet winter needs.
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NEW YORK : New York&#39;s main crude oil contract closed above 51 dollars a barrel for the first time, riding a speculative wave powered by fear of interruptions to supply from the Gulf of Mexico.
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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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LONDON : Oil prices resumed their march towards 50 dollars in New York as peace talks in major producer Nigeria and an unexpected rise in US crude inventories failed to ease traders&#39; fears about supply.
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The price of oil hit another high yesterday, closing above $47 a barrel as traders reacted to continuing concerns about supply disruptions from terrorism and instability in oil-producing countries.
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Investor's Business Daily - Nymex crude prices rose 87 cents to $75.92 a barrel, the highest close in nearly 11 months. Production woes in Angola and China&#39;s strong economic growth fueled gains. Brent crude rose 91 cents to $77.67 a barrel, also an 11-month high. The Int&#39;l Energy Agency said global oil demand will rise 2.5% next year.
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Oil future prices climbed to a new high in New York on Monday as a strike began in NigeriaâAfrica&#39;s largest exporter of crude oil.
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Oil prices climbed back to $50 on  Tuesday, pushed higher by supply outages in the North Sea and  fears about low stocks of winter heating fuels.
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Oil prices climbed toward $47 a  barrel on Thursday after bullish fuel stocks data in the United  States and a series of production hitches across the globe  rekindled worries of a major supply disruption.