New York crude surges 33.6 percent in 2004
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NEW YORK, Dec 30  - New York&#39;s main oil contract soared 33.6 percent in 2004 despite slipping on the final day&#39;s trade as the shock of Saudi car bomb attacks wore off.
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Crude oil in New York rose for a fifth session as a gas leak closed two North Sea oil platforms, causing the shutdown of 205,000 barrels a day of production.
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Oil prices surged nearly 6 percent on Wednesday as the US government reported a fall in heating oil stocks in the midst of the season&#39;s first arctic cold blast in the Northeast.
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The price of New York oil rose on Thursday, heading towards a new record high point above 82 dollars amid tight energy supplies in the United States, the world&#39;s biggest consumer of energy.
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Crude futures have surged above 52 dollars a barrel, reaching a new high in New York. Traders were reacting to a strike threat by Nigerian oil workers and to word that petroleum output in
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U.S. crude futures ended above &#36;75 per  barrel on Wednesday after soaring to a record high earlier in  the trading session.
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NEW YORK, Sept 27  - Oil futures jumped to their highest closing on record Monday on the New York Mercantile Exchange, rising 76 cents to 49.
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NEW YORK : Crude oil futures jumped to a record high closing on the New York Mercantile Exchange Friday, as markets fretted over tight US supplies despite a decision to release small amounts from a strategic reserve.
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NEW YORK -- Crude futures surged above $52 a barrel Wednesday, reaching a new high in New York. Traders were reacting to a strike threat by Nigerian oil workers and to word that petroleum output in the Gulf
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Oil surged to record highs near &#36;76  on Thursday as worries over lower U.S. crude stocks were  underlined by increased tension in the oil-rich Middle East and  suspected explosions at a pipeline in OPEC exporter Nigeria.
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Crude oil futures rose to a record for a third day, reaching US$52.53 a barrel in New York, on concern US supplies may be insufficient to meet demand this winter.
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In New York the price of light sweet crude for November delivery climbed to an all-time peak of 50.47 dollars per barrel, the highest level since oil began trading on the New York market in 1983.
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Crude oil futures in New York vaulted up 3.9 percent Friday, as supply fears continued to rattle the market following Hurricane Ivan.
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The commercial stocks of crude oil in the United States surged by 4.0 million barrels to 283.4 million barrels in the week ending on October 22, near the lower end of average
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NEW YORK : New York crude oil smashed past 48 dollars a barrel for the first time, menacing the 50-dollar mark, as heavy fighting gripped the Iraqi city of Najaf.
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The price of oil has continued its sharp rise overnight, closing at a record high. The main contract in New York, light sweet crude for delivery next month, has closed at a record $US46.75 a barrel - up 70 cents on yesterday&#39;s close.
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Oil prices surged to yet new record highs Tuesday, driving U.S. crude above $54 as global supply outages thwart efforts to build winter heating fuel inventories.