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World oil prices rebounded close to recent records on Thursday as traders tracked Middle East tensions and the weak US dollar, and warned of crude striking 100 dollars per barrel.
New York crude oil prices struck a record 90 dollars a barrel in after-hours trading Thursday amid increased tensions between Turkey's government and Kurdish rebels in northern Iraq.
New York crude oil prices surpassed a record 90 dollars a barrel in after-hours trading Thursday following increased tensions between Turkey's government and Kurdish rebels in northern Iraq.
New York crude oil prices surpassed a record 90 dollars a barrel in after-hours trading Thursday as Iraq urged Turkey not to take military action against Kurdish rebels located in northern Iraq.
World oil prices hovered after smashing through a record high 90 dollars per barrel amid frazzled tensions between Turkey and crude producer Iraq, traders said Friday.
Oil prices soared to another record high above 90 dollars per barrel amid global supply jitters and tensions between Turkey and crude producer Iraq, dealers said Friday.
Oil prices soared to another record high above 90 dollars per barrel on Friday amid global supply jitters and tensions between Turkey and crude producer Iraq, dealers said.
Iran, OPEC's number-two exporter, hit out Saturday at the recent hike in oil prices, saying real prices were far lower than the 90-dollar-a-barrel level of last week.
Oil prices eased from record highs in Asia on Monday even as tensions escalated further along the Turkish border with Iraq.
Oil prices fell further from record highs on Monday, despite escalating tensions between Turkey and troubled crude producer Iraq, traders said.
World oil prices slumped further from record highs on Monday as a rout on global stock markets ignited worries about a slowdown for crude demand, analysts said.