Oil prices eased back slightly from record levels today after Venezuela’s president declared victory in a vote on his position.

Oil prices broke through the 46 US dollar mark for the first time tonight as fears of unrest in Venezuela and disruption in Iraq sparked fresh concerns over supplies.

Oil prices were once again hovering near record peaks today as fears of unrest in Venezuela and disruption in Iraq sparked fresh concerns over supplies.

British motorists were today warned to expect petrol prices above 80p (120c) a litre for the “foreseeable future” after the cost of oil soared to a new high.

Oil prices hit a fresh record high today following warnings of possible terrorist attacks against financial institutions in the United States.

Oil prices were hovering close to their recent record high today after Russian producer Yukos was ordered by bailiffs to stop sales.

OIL prices were close to their recent record highs yesterday as strong demand and renewed fears of further terror attacks in the United States unsettled traders.

Oil prices were close to their recent record highs today as strong demand and renewed fears of further terror attacks in the United States unsettled traders.

Oil prices were on the slide today as traders expressed relief at the smooth handover of power in Iraq.

Oil prices surged to their highest level in 13 years today amid fears of a terror campaign against the oil industry in the Middle East.

Oil giant BP sparked fresh anger among fuel protesters today after clocking profits of £1.3 million an hour and boosting payouts to shareholders.