keywords: singapore price asia oil demand
text: Crude Oil Price Surges Past \$55 in Asia SINGAPORE - The price of crude oil surged past an unprecedented \$55 per barrel Monday amid continued uncertainty over production, high demand and tight supply globally.    The price of crude for November delivery on the New York Mercantile Exchange reached \$55.02 per barrel mid-morning in Asia, up 9 cents from its settlement price on Friday...