Oil prices hit a new record near $124 a barrel after the U.S. Energy Department said diesel and heating oil supplies unexpectedly fell last week.
Light, sweet crude for June delivery hit a new high of $123.80 on the New York Mercantile Exchange before retreating slightly to settle up $1.69 at a record $123.53 a barrel.
The [...]

Crude oil futures leaped to a new all-time high above $120 a barrel as supply concerns grew and the U.S. dollar weakened against the euro. Retail gasoline and diesel prices eased over the weekend, although pricier oil threatens to push them higher again.
Light, sweet crude for June delivery jumped to a new trading record of [...]

Oil prices held steady Monday, supported by weekend news of an attack on a Nigerian oil installation, but with gains limited by the strengthening of the U.S. dollar.
Royal Dutch Shell PLC spokesman Precious Okolobo said Saturday that attackers hit a flow station belonging to Shell’s joint venture in southern Nigeria and that some oil production [...]