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