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Oil leaps to new record above $129

20-May-2008
Story Timeline:  144 days

By Santosh Menon LONDON (Reuters) - Oil rose to a new record above $129 a barrel on Tuesday, spurred by strength in refined oil products markets, led by diesel, and a weak dollar. U.S. light crude's June contract, due to expire later on Tuesday, rose to an all-time high of $129.31 a barrel and by... [read full story]                    

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Latest article on this story:

Oil prices soar

seacoastonline.com 21-May-2008
First article on this story:

Crude oil futures pass $129 a barrel for the first time, likely headed past $130

startribune.com 20-May-2008
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