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Oil price holds near record highs
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Bangladesh Daily Star
- 5/10/2008
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Oil prices held near record levels Thursday after gains overnight to nearly 124 dollars as speculators dived into a market concerned about potential supply disruption, traders said. New York's main oil futures contract, light sweet crude for June delivery, eased three cents to 123.50 dollars a barre
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Oil Hits New Record: $125 A Barrel
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NewsTalk 590
- 5/9/2008
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LONDON (Reuters) - Oil raced to a new record high above $125 a barrel on Friday, as a strong performance over the last week and a surge in heating oil futures saw investment funds trooping into the market. Funds were keen to shift their money into the oil market after seeing U.S. crude rise about 13
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Iran predicts oil will hit $200 a barrel soon
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St. Catherines Standard
- 5/9/2008
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FOR IMMEDIATE RELEASE MAY 2008 Fonthill Bandshell Thursday Concert Series lineup released COMMUNITY EVENT LISTING: FONTHILL BANDSHELL AT PEACE PARK: Free [...] Posted by Fonthill | Comments The Stamford Kiwanis Club meets each Monday at 6:30 p.m. at the Best Western Cairn Croft Hotel on Lundy's Lane
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Oil's Broken Record, Surges Above $125
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ABC News
- 5/9/2008
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LONDON (Reuters) - Oil raced to a new record high above $125 a barrel on Friday, as a strong performance over the last week and a surge in heating oil futures saw investment funds trooping into the market. Funds were keen to shift their money into the oil market after seeing U.S. crude rise about 13
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Oil near $126 hits stocks as credit worries back
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Engineering News
- 5/9/2008
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European shares were down more than 1,5 percent and Japan closed down more than 2 percent. Wall Street looked set for a poor start. Weighing on many stocks was American International Group's posting of its largest ever quarterly loss on Thursday after writing down assets linked to subprime mortgages
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Oil prices set another record: $125 a barrel
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Houston Chronicle
- 5/9/2008
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Oil prices surged past $125 per barrel today on the eve of the U.S. driving season as a weakening U.S. dollar drove investors to snap up commodities. Light, sweet crude for June delivery rose as high as $125.12 a barrel in electronic trading on the New York Mercantile Exchange at midday before falli
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Oil hits record high above $125 a barrel
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Globe Investor
- 5/9/2008
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LONDON (Reuters) - Oil hit a record high above $125 a barrel on Friday, boosted by strong demand for diesel, concern about supplies and a renewed bout of buying by investment funds. U.S. crude oil hit a record high of $125.10 a barrel, but by 6:24 a.m. EDT (1024 GMT), it handed back some gains and w
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Oil prices hit new highs above $125
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Economictimes
- 5/9/2008
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LONDON: Oil prices hit a new record high above $125 Friday as a weaker U.S. dollar drove investments into commodities. Light, sweet crude for June delivery rose as high as $125.12 a barrel in electronic trading on the New York Mercantile Exchange at midday before falling back to $124.86 by early aft
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GLOBAL MARKETS-Oil near $126 hits stocks as credit worries back
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Reuters
- 5/9/2008
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(Reuters) - Oil prices bounded to nearly $126 a barrel on Friday, hitting global stock markets along with worries about the financial sector following losses at the world's largest insurer, AIG. European shares were down more than 1.5 percent and Japan closed down more than 2 percent. Wall Street lo
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