INSANE: Crude Oil Prices Touched US$100 A Barrel

It finally happened, though briefly. Crude oil reached US$100 a barrel. The increase was blamed on the unrest in Nigeria where militants killed 12 people in the southern oil city of Port Harcourt on New Year's day.

Source: Bloomberg.com Worldwide

Previously...

1. INSANE: Oil Prices Approaching US$100
2. INSANE: Breaking the US$93 Barrier
   
3. INSANE: Crude Oil Prices Higher Than All Time
   
4. INSANE: Oil Prices Break US$90
5. INSANE: Oil Prices Set Another Record High
6. INSANE: Oil Prices At All Time High