Another record has been set in crude oil prices. The price of oil soared past US$94.00 a barrel. New York Mercantile Exchange (NYMEX) crude oil for December delivery closed at US$94.23 per barrel, after peaking at US$94.74, the highest price on record. In after hours trading futures have crossed over the US$ 95.00 per barrel mark. On the IntercontinentalExchange (ICE), December Brent Crude also rose to a record US$90.63 after touching an all-time high of US$ 90.94 with current futures are trading at over $91.00 a barrel. Today's rise is said to be mainly caused by the United States Department of Energy's inventory report that showed an unexpected drop in crude oil stockpiles. Last week, U.S. stockpiles were down nearly 4 million barrels of oil.
Another record has been set in crude oil prices. The price of oil soared past US$94.00 a barrel. New York Mercantile Exchange (NYMEX) crude oil for December delivery closed at US$94.23 per barrel, after peaking at $94.74, the highest price on record. In after hours trading futures have crossed over the $ 95.00 per barrel mark. On the IntercontinentalExchange (ICE), December Brent Crude also rose to a record $90.63 after touching an all-time high of $ 90.94 with current futures are trading at over $91.00 a barrel. Today's rise is said to be mainly caused by the United States Department of Energy's inventory report that showed an unexpected drop in crude oil stockpiles. Last week, U.S. stockpiles were down nearly four million barrels of oil.
R
US$94.74, the highest price on record. In after hours trading futures have crossed over the US$
$94.74, the highest price on record. In after hours trading futures have crossed over the $
R
US$90.63 after touching an all-time high of US$
$90.63 after touching an all-time high of $
R
4
four