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Oil prices pass $143 a barrel; US gas hits high
Read the full article: http://biz.yahoo.com/ap/080630/oil_prices.html
I hate to perpetuate the media hype, but it is what is driving the markets right now. In early morning trading we have already seen oil prices surg past $143 a barrel for the first time ever, and the price for a gallon of gas hit an all-time high in the United States.
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Crude Tops Inflation-Adjusted High; Gold Hits Record
Read the full article: http://online.wsj.com/page/commodities.html
Crude-oil futures hit an all-time, inflation-adjusted high above $103.76 a barrel on Monday. Light, sweet crude for April delivery was recently up $2.08 at $103.92 a barrel on the New York Mercantile Exchange. Brent crude on the ICE futures exchange was trading up 70 cents at $100.80.
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