Oil at Record Price? That Depends.
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When it comes to the price of oil, there is no shortage of ways to calculate the all-time record price.
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Here's a way to benefit from an increase in the global demand for oil.
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Heating oil prices are unusually high right now, so high that some analysts are wondering whether it's worthwhile for homeowners to try to lock in a price at these levels for the winter.
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ARIS, Aug. 20  Oil prices hit a new record today after the Iraqi insurgency increased its pressure on the country&#39;s oil infrastructure and traders feared growing unrest might interrupt crude exports.
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Oil prices may have peaked last month as OPEC and other countries boosted production and record high prices restrained demand, said the International Energy Agency, an adviser to 26 nations.
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The record price of oil has ruled Wall  Street for months now and next week investors will get a close  look at just who has profited the most from black gold's big  run.
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MAKE hay while the sun shines, they say. Or, in the oil majorsâ case, pump oil while the price rockets. BP yesterday, and no doubt Shell tomorrow, are doing just that, with profits going through the roof
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VIENNA: Oilâs record price surge has thrust the Organisation of Petroleum Exporting Countries (Opec) into the political spotlight more than any time since the 1970s.
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Driven by an unprecedented surge in demand, oil prices crossed a long-awaited symbolic milestone.
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Crude hovers around $46 a barrel amid demand from most populous country, damage reports from Ivan. LONDON  - Oil prices held above $46 a barrel Tuesday as China showed no letup in its strong demand
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Indexes are up so far this week, but another record oil price could put some of those gains at risk. NEW YORK (CNN/Money) - US stock markets were set for a little slip at Friday&#39;s open, but it would take a
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The price of crude oil reaches new record levels amid concerns about possible unrest in Venezuela and the threat of sabotage in Iraq.
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NEW YORK -- Oil prices have moved to fresh record highs of almost $47 a barrel on concerns about potential supply disruptions in Russia and Iraq.
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Business & money: Crude oil over $100 a barrel for the first time, following jitters over possible tightening of supply
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PARIS The price of oil, which has been inexorably rising for the past two years, finally broke through the $50-a-barrel mark Tuesday, reaching a new milestone as some analysts warned that there was nothing to stop prices from rising even further.
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The price of this key commodity has risen by about a third just since the beginning of July. In London, oil closed at $43.80 a barrel, while in New York oil closed at $48.70, up three percent.
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Oil prices continue to climb, with a record of $48.98 reported overnight for US light crude. While prices have fallen back to $48.56 a barrel, with Brent crude oil at $44.43, crude seems destined to climb to $50 a barrel for the first time.