|
|
Article: Crude oil prices in New York soar to all-time high
- Article from:
- Xinhua News Agency
- Article date:
- October 6, 2004
CopyrightCopyright 2004 Xinhua News Agency. Provided by ProQuest LLC. (Hide copyright information)
|
Crude oil prices in New York soar to all-time high
NEW YORK, Oct. 5 (Xinhua) -- Crude oil futures briefly hit an all-
time high Tuesday as worries persisted over supply and unrest in key
oil producers.
On the New York Mercantile Exchange, crude oil for November
delivery shot up as high as 50.77 dollars per barrel in electronic
trading ahead of the opening of the trading floor, beating a previous
high of 50.47 dollars a barrel.
Meanwhile, the November crude-oil futures contract opened high at
46.56 dollars a barrel, up 37 cents on London's International
Petroleum Exchange.
Traders remained concerned about Nigeria, where talks between ...