Earlier in the session, the March contract, which expired today, hit a record all-time high of $101.32 a barrel.
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Crude Reached New All-Time Record
Crude oil futures rallied to a new closing high above $100 a barrel Wednesday
Crude oil futures rallied to a new closing high above $100 a barrel Wednesday, extending their record-breaking run after minutes confirmed the Federal Reserve's willingness to slash rates further.
Crude oil for March delivery rose 73 cents to finish at a new record closing high of $100.74 a barrel on the New York Mercantile Exchange.
Earlier in the session, the March contract, which expired today, hit a record all-time high of $101.32 a barrel.
Earlier in the session, the March contract, which expired today, hit a record all-time high of $101.32 a barrel.
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