Crude oil prices today continued their record-breaking run after topping the 118 US-dollar mark.

Crude oil prices rose to new highs near US$112 a barrel today as plunging stock markets prompted investors to plough more money into commodities.

A weakening dollar sent oil prices soaring to a new peak of almost $106 US dollars a barrel today.

Oil prices touched new highs near $105 a barrel today as the US unveiled a surprise drop in supplies.

The price of oil set another record today after passing the 103 dollars a barrel mark.

Oil prices set a new record high above US$102 a barrel today, sparking fears of more pain for motorists on UK forecourts.

Crude oil prices plunged more than 1 dollar a barrel today as tensions eased in the stand-off between Britain and Iran over captive British military personnel.

Oil traded near record highs today after the discovery of pipeline corrosion caused BP to close the biggest production field in the United States.

World leaders and terrorism experts described the killing of Abu Musab al-Zarqawi as a blow to al-Qaida, but warned that his network of lieutenants would step up to carry on his campaign of death and destruction in Iraq.

Fresh worries over pump prices emerged tonight after the cost of a barrel of oil rose reached 73 US dollars a barrel in New York.

Crude oil futures surged past $70 a barrel for the first time today as Hurricane Katrina headed toward the heart of US oil and refinery operations in the Gulf of Mexico, shutting down an estimated one million barrels of refining capacity.

Crude oil prices surged past an unprecedented $55 per barrel today as uncertainty swirls over production, high demand and tight global supplies.

Crude futures rose to a new high near $49 a barrel as the threat of sabotage to Iraqi oil infrastructure loomed larger than promises from Baghdad to boost exports in coming days.