Oil Price thread

Oil prices reach another record - surging past $84 a barrel on fears over winter energy supplies.

http://news.bbc.co.uk/1/hi/business/7040775.stm

Prices soaring and yet taxes on petrol go up as well. Cheers then

Ok, this is getting silly now.

Oil prices have remained at record levels above $86 a barrel amid tensions between Turkey and Kurdish rebels in northern Iraq and output concerns.

http://news.bbc.co.uk/1/hi/business/7046348.stm

[ATom]

And still higher she goes. Oil prices hit record levels above $87 a barrel amid tensions in northern Iraq and concerns over output levels.

http://news.bbc.co.uk/go/rss/-/2/hi/...ss/7046348.stm

[forfi]

Originally Posted by karmakop

Oil prices have remained at record levels above $86 a barrel amid tensions between Turkey and Kurdish rebels in northern Iraq and output concerns.

Is there any oil up there or is this just opportunists taking an unfair profit.Everything seems to send up oil prices.

[Andrea]

Goodness, I didn't realise it was that high. Not long until the prices rise at the pumps then

Oil prices have steadied after six days of record highs - spurred by supply concerns and tensions between Turkey and Kurdish rebels in northern Iraq.

US light, sweet crude was trading at $87.61 a barrel - down from Tuesday's record of $88.20 - while Brent crude was 40 cents lower at $83.15.

http://news.bbc.co.uk/1/hi/business/7048291.stm

It really is getting ridiculous

[arno]

An attack on Iran ahead perhaps?

Maybe, but I'd be very surprised if there was an attack. The price eased a little yesterday after a US report shows larger-than-expected fuel stocks.

http://news.bbc.co.uk/1/hi/business/7050172.stm

Now the question, why hasn't gasoline gone up in price?

Or perhaps the oil companies are giving us a national Christmas present?