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Oil Back in Record Territory

Stock quotes in this article: COP , CVX , XOM , SPWR  

Crude futures rose to their highest level ever Wednesday as extremely bullish inventory figures from the Energy Information Administration combined with the expectation for a rate cut to send prices soaring.

December light sweet crude climbed $4.15 to end at $94.53 a barrel on the New York Mercantile Exchange, and earlier, it went all the way to $94.74. Reformulated gasoline rose 8 cents to $2.34 a gallon. Heating oil climbed 9 cents to $2.51 a gallon.

Natural gas jumped 31 cents to $8.33 per million British thermal units. ...

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Dow Jones S&P 500 NASDAQ 10-Year Note
10,309.92 1,091.49 2,138.44 32.31
Oil *
77.12
DOWN
154.48
DOWN
19.14
DOWN
37.61
DOWN
0.48
10 Yr
3.23%
SPDR Gold
115.06
-1.48%
-1.72%
-1.73%
-1.46%
Data delayed 20 minutes

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