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NewsMarch 12, 2008

Crude Oil Price Passes $110 Mark

NEW YORK --- Gasoline and oil prices continued their record-setting pace today, with the national average price of regular gasoline at nearly $3.25 a gallon and the price of oil on the futures market surpassing the $110-a-barrel mark.

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NewsMarch 10, 2008

Crude Oil Price Rises Above $108 a Barrel

NEW YORK --- Crude oil rose above $108 a barrel in New York to a record high, spurred by investors seeking an alternative to slumping financial markets, Bloomberg reported. Oil in New York surged 80 percent over the past year as the S&P 500 and Dow averages dropped.

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NewsMarch 3, 2008

Oil Price Approaches $104 Mark on Monday

NEW YORK — While the dollar weakened to another low against the euro today, oil prices rose to a record high.

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NewsFebruary 25, 2008

Oil Price Inches Up to Nearly $100 Again

NEW YORK --- Oil prices once again drifted up near $100 a barrel today, spurred by supply concerns associated with Turkish military actions in northern Iraq as well as increased tensions between Iran and the West over Iran's nuclear program.

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NewsFebruary 19, 2008

Crude Oil Price Rises to $100.01 a Barrel

NEW YORK --- The price of crude oil for March delivery rose to $100.01 a barrel in New York, buoyed by expectations that OPEC will opt to cut production when it meets March 5.

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NewsFebruary 11, 2008

Chavez Threat Prompts Jump in Oil Prices

NEW YORK --- Oil futures rose for the third straight day today amid concerns about possible supply disruptions.

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