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Old 27th-February-2008, 12:25 PM
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The price of oil has hit a record high for the second day running, touching $102.08 a barrel for US sweet crude.

BBC NEWS | Business | Oil hits $102 for the first time
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  #232 (permalink)  
Old 29th-February-2008, 07:10 AM
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Geez, still going up.

BBC NEWS | Business | Oil price hits a new record high

$102.59 now!
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  #233 (permalink)  
Old 4th-March-2008, 07:12 AM
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And still she goes.

Oil prices have surged to a new record high in reaction to the falling dollar and fading hopes of more supply.

US light, sweet crude jumped to $103.95 a barrel, before giving back some gains to trade at $102.45. London Brent also climbed to a record, hitting $102.

BBC NEWS | Business | Oil sets fresh record at $103.95

Incredible.
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  #234 (permalink)  
Old 5th-March-2008, 06:48 AM
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The head of Opec, the cartel of oil-producing nations, has said it is unlikely to increase production at this week's meeting.

It had been hoped members would boost the supply of oil to help prices fall from their historically-high levels.

Crude oil hit a new record of almost $104 a barrel at the start of the week but settled at $99.52 late on Tuesday.

BBC NEWS | Business | Opec dashes oil supply rise hopes
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Old 6th-March-2008, 11:55 AM
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Interesting piece here suggesting that biofuels will ensure oil doesn't drop below $60.

Biofuels 'will keep oil at minimum $60' - Scotsman.com Business

Poor old biofuel can't do much right
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  #236 (permalink)  
Old 11th-March-2008, 08:37 AM
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The price of crude oil has hit an all-time high for the fifth time in six trading sessions.

New York sweet light crude touched a new high of $108.21 a barrel, before edging down to trade at $107.93.

BBC NEWS | Business | Oil hits record at $108 a barrel

Bugger, this is getting daft now!!
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  #237 (permalink)  
Old 12th-March-2008, 08:09 AM
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The price of crude oil has set a fresh record at $109.72, its fifth day in a row of historic highs.

New York light sweet crude fell back after hitting the high to close at $108.75. London Brent set a record at $105.82, before retreating to $105.25.

BBC NEWS | Business | Oil sets fresh record above $109

Yet it keeps on rising.
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  #238 (permalink)  
Old 13th-March-2008, 08:18 AM
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Another record.

BBC NEWS | Business | Oil strikes new record above $110

Six days in a row now!!
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  #239 (permalink)  
Old 15th-March-2008, 07:38 AM
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The dollar has slid pretty badly against the Euro. That probably explains it.
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  #240 (permalink)  
Old 15th-March-2008, 12:22 PM
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is their anywhere where you can see the price of oil in euros that would explain it,
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