record territory

Corn and soybeans set new highs before easing

Mon, 30 Jun 2008 00:19:44 -0500

NEW YORK : Corn and soybean prices pushed deeper into record territory before easing Friday as rain again soaked the Midwest and traders locked in profits ahead of a planting report next week.

Oil closes below $135 after OPEC questions prices

Sat, 14 Jun 2008 09:41:07 -0500

Oil prices pulled back Friday after OPEC questioned whether crude can remain so high and the dollar gained against the euro.

Meanwhile, U.S. filling station operators pushed average gas prices deeper into record territory. Prices at the pump are up nearly 7 cents since crossing the $4 threshold nationwide last weekend.

On the New York Mercantile Exchange, benchmark light, sweet crude for July delivery fell $1.88 to settle at $134.86.

Gas, Diesel Rocket to New Records

Fri, 14 Mar 2008 00:05:15 -0500

The rally in energy prices gained momentum Friday, with retail gas prices rising further into record territory and diesel and heating oil futures setting records of their own amid concerns about strong global demand and tight supplies.