Mail & Guardian
Mail & Guardian
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Oil price vaults past $126

The price of New York crude oil soared above $126 per barrel on Friday, lifted by speculative demand amid concerns about tight global energy supplies, analysts said. New York’s…

Oil prices strike record high

Runaway oil prices roared higher on Monday to strike a record high $103,95 per barrel as traders reacted to the plunging United States dollar amid expectations that the…

Oil price hits new peak as dollar slumps

Oil powered to a new record above a barrel on Wednesday, closing in on its inflation-adjusted lifetime peak, as an ailing dollar on worsening United States economic data…

Oil price hits $94 for first time

Oil prices hit fresh record highs on Wednesday, with New York crude at $94 per barrel after news that United States crude inventories had slumped last week, traders said. "The…

Oil strikes new all-time high of $89

Oil marched to a new peak of a barrel on Wednesday as investors fretted over possible military action in northern Iraq and a potential supply crunch this winter. Turkey’s…

Gold price hits highest level since 1980

The price of gold leapt on Tuesday to the highest level since the start of 1980, winning support from runaway crude oil prices, traders said. On the London Bullion Market, gold…

Oil prices still surging in record week

The price of London Brent oil hit another all-time high on Friday on United States storm concerns at the end of a record-breaking week that saw New York crude soar beyond per…

Oil eases after topping $80 on supply fears

Oil prices dipped on Thursday but held near the previous day’s record high above a barrel, as dealers watched a hurricane in the Gulf of Mexico after a sharp fall in United…