Crude Oil Hits Another Record High
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The price of crude oil surged past $55 a barrel Monday as uncertainty swirled over production, high demand and tight global supplies.
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Crude oil continued to move upwards to fresh highs in Asian trade today, hitting a new mark of $52.53 US per barrel as the market took stock of a possible strike in Nigeria and the sluggish revival of output in key Gulf of Mexico oil
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The price of oil has continued its sharp rise overnight, closing at a record high. The main contract in New York, light sweet crude for delivery next month, has closed at a record $US46.75 a barrel - up 70 cents on yesterday&#39;s close.
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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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Crude oil prices break records again as  US light crude tops $50 a barrel in Asian trade and Brent stays above $46.
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Crude oil futures rallied late Friday to a new record high of $54.90, a day after a decline in the US inventory of heating oil roiled a market already on edge over tight supplies, high demand and unrest among key producers.
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Oil prices struck a fresh record on  Thursday, spurred higher by renewed violence in Iraq and fresh  evidence that strong demand growth in China and India has not  been slowed yet by higher energy costs.
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Oil prices roared to fresh record highs  on Thursday as the U.S. government reported another fall in  heating fuel stocks ahead of winter.
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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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U.S. crude prices rose to another new record on Thursday, rising 25 cents to &#36;47.52 a barrel on evidence that high prices are not hurting world oil demand growth.
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Oil prices climbed above $47 a barrel, setting yet another record, after figures showed that supplies in the United States were down for a third consecutive week.
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Crude oil prices briefly crossed above the $90-a-barrel threshold today on the New York Mercantile Exchange, setting a record and coming very close to an inflation-adjusted record, too.
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Oil prices rose to another record high  on Tuesday on U.S. economic data showing inflationary pressure  was held in check in July and ahead of weekly inventory data on  Wednesday expected to show a decline in crude stocks.
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Oil soared to another record yesterday on worries that global energy supplies could shrink to critical levels during this winter heating season because of strong growth in demand.
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Oil prices forged to a record high above  $55 a barrel on Friday on rising fears of a winter fuel supply  crunch and robust economic growth in China, the world's number  two user.
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Crude oil prices closed at a new record high, extending the recent rally to seven sessions, as traders weighed the impact of the Energy Department&#39;s decision to use the nation&#39;s Strategic Petroleum Reserve to offset lost production as a result of
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Oil prices struck a fresh record high  above $47 a barrel on Thursday as fresh evidence of demand  growth in China and India underlined how rising appetite for  oil is straining the world's supply system.