Oil Prices Retreat after Record Highs free review News of a fire at an oil refinery in the United States had pushed the price of a barrel of crude in New York to 44.77 US dollars, the highest level in 21 years, but this later fell back to 43.95. news prices Crude prices swing widely despite OPEC reassurances on supply (http://www.mlive.com/newsflash/business/index.ssf?/newsflash/get_story.ssf?/cgi-free/getstory_ssf.cgi?f0126_BC_OilPrices&&news&newsflash-financial , MLive.com) Oil prices nudge $45 a barrel (http://www.guardian.co.uk/oil/story/0,11319,1277850,00.html , Guardian)   
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Oil Prices Retreat after Record Highs

News of a fire at an oil refinery in the United States had pushed the price of a barrel of crude in New York to 44.77 US dollars, the highest level in 21 years, but this later fell back to 43.95.

Updated Aug 6, 2004 23:07:03
Rating  reduce  36 ( -6 -16.66% )
AuthorThe Scotsman
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Description:
Crude prices swing widely despite OPEC reassurances on supply (http://www.mlive.com/newsflash/business/index.ssf?/newsflash/get_story.ssf?/cgi-free/getstory_ssf.cgi?f0126_BC_OilPrices&&news&newsflash-financial — MLive.com)
Oil prices nudge $45 a barrel (http://www.guardian.co.uk/oil/story/0,11319,1277850,00.html — Guardian)

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  • Oil Prices Rebound Towards Record Highs - Oil prices moved back towards record highs tonight amid continued concerns over soaring demand and tight supplies.
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  • Oil Prices Set Record Highs Friday - In London, Brent crude prices peaked at almost $40, the highest price since the Gulf War. Prices began to skyrocket Wednesday on news Russian oil giant Yukos may be forced to stop selling oil. Russia is the world's second-biggest oil exporter, after Saudi
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