Oil climbs to record above $127 a barrel
ibtimes.com: Oil Prices ibtimes.com
ibtimes.com     May 16, 2008            

Oil prices have risen above $127 a barrel for the first time. Light, sweet crude for June delivery rose as much as $3.31 to $127.43 a barrel in electronic trading Friday on the New York Mercantile Exchange by afternoon in Europe. That tops the previous high of $126.98 a barrel set Tuesday. [read full story]                    


View all news articles about*:
Banking Brent Cameron Commodity Energy Finance Fuels Hanover Insurance Investing July Markets
*Newstin tag cloud displays all featured persons, associated organizations, related topics, regions and companies

View other selected articles:

                   

Why oil won't fall below $100

cnn.com     2 hrs ago   229 related          

Last week falling oil prices looked unstoppable. The last few days have seen a halt in that slide. Still with prices well below the record set in July and a shaky world economy threatening demand, the question remains: How low...                    

comments

                   

Heinz gains, Hormel hurts on high costs in quarter

ibtimes.com     2 hrs ago   8 related          

MILWAUKEE - Rising commodity costs kept weighing on food makers H.J. Heinz Co. and Hormel Foods Corp. in the most recent quarter, even as consumers continued to swallow price increases for their favorite foods. Hormel Foods...                    

comments

Airline Stocks: Oil jumps to $122 a barrel, sending carriers tumbling

marketwatch.com     2 hrs ago   2 related          

Airlines get bruised after oil prices hit $122 a barrel By Christopher Hinton, MarketWatch NEW YORK (MarketWatch) -- A sharp jump in oil prices and a weaker U.S. dollar had airline investors scrambling for the exit early...                    

comments

                   

Environmental Defense Fund: 20 Energy Solutions - From You

eco-cide.com     2 hrs ago          

This post is by Sheryl Canter, an online writer and editorial manager at Environmental Defense Fund. Last week we sent an email to our action network asking how people were coping with high oil prices. The response on our...                    

comments