Monday 29 October 2007

INSANE: Breaking the US$93 Barrier

No kidding. Crude oil prices just keep going higher and higher! It went as high as US$93.20 a barrel! A storm in Mexico caused it to shut off a fifth of its production plus the US dollar hitting an all time low were blamed for this.

Source: Bloomberg.com: Worldwide "Crude Oil Rises to Record Above $93 as Mexico Shuts Production"

Previous oil price tracking in this blog:
  1. INSANE: Crude Oil Prices Higher Than All Time
  2. INSANE: Oil Prices Break US$90
  3. INSANE: Oil Prices Set Another Record High
  4. INSANE: Oil Prices At All Time High

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