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Crude Oil Hits Record $44.24
03-Aug-2004       United States
Economy     New York
Indicator Petroleum  
U.S. War on Terror    
     
     
After the head of the OPEC producers' cartel said there was no extra oil around the corner to dampen red-hot markets, U.S. light crude (CLc1) struck $44.24 a barrel. This is the highest since crude futures were launched on the New York Mercantile Exchange in 1983.
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Date Headline Source LRating QRating Action
Oil prices hit record high of $44.24 a barrel Reuters
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