Oil prices rise amid Gulf of Mexico production shutdowns as Ivan ...
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Hurricane Ivan held its grip on oil markets Tuesday, as shutdowns of production platforms in the Gulf of Mexico and fears of storm damage drove crude and gasoline prices higher.
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Oil prices surpassed $47 a barrel yesterday, and further declines in the nation&#39;s supply are expected in the short term as petroleum producers disrupted by Hurricane Ivan continue to regroup.
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WORLD oil prices rose yesterday as Hurricane Ivan charged towards the oil-rich Gulf of Mexico, where energy companies evacuated thousands of offshore workers and halted some production.
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Oil prices darted above $US51 a barrel Tuesday as output in the Gulf of Mexico remained in shambles more than two weeks after Hurricane Ivan tore through the region.
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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 rose Thursday as a tropical depression near Mexico raised concerns about possible disruptions to oil and gas production.
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World oil prices shot higher on Monday  as companies operating in the U.S. Gulf of Mexico braced for  output disruptions from powerful Hurricane Ivan.
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London - Oil prices roared to new record highs yesterday, within a whisker of $51 a barrel, on worries about supplies from the Gulf of Mexico, where almost 30 percent of production remains shut.
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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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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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Crude oil rose and natural gas soared in New York as the approach of Hurricane Ivan disrupted production and tanker shipments in the Gulf of Mexico, where a quarter of US oil and natural gas is pumped.
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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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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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NEW YORK : The latest twists and turns from Hurricane Ivan prompted renewed concerns Monday about oil production in the Gulf of Mexico, pushing futures prices sharply higher on global markets.
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World oil prices rose on Thursday as  Hurricane Ivan reached the U.S. Gulf Coast, shutting more than  1 million barrels daily of output in the Gulf of Mexico and 13  percent of U.S. refining capacity.
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Oil prices bounded higher for the fourth day in a row Tuesday, with traders expecting further declines in the nation&#39;s supply as petroleum producers disrupted by Hurricane Ivan continue to regroup.
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NEW YORKâWorld oil prices rose yesterday as concerns over a supply shortage after Hurricane Ivan persisted despite news the United States will lend some oil from its reserves to refineries to make up for lost production.