New all-time high for oil: $97 a barrel

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Uncategorized November 6th, 2007

AP is reporting that “oil futures jumped to a record $97 a barrel Tuesday after bombings in Afghanistan and an attack on a Yemeni oil pipeline compounded supply concerns that have driven crude prices higher in recent weeks.”

Other energy futures also rose Tuesday. December gasoline futures jumped 6.79 cents to $2.449 a gallon on the Nymex, while December heating oil futures added 6.14 cents to $2.6053 a gallon.


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One Response to “New all-time high for oil: $97 a barrel”

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