USD 77.9568

+0.47

EUR 88.9097

+0.38

Brent 85.88

+0.82

Natural gas 2.928

+0.02

163

New Record Of Crude Oil

Crude futures surged to a new high of $62.69 a barrel in Asian trading Monday as the U.S. government

New Record Of Crude Oil

Crude futures surged to a new high of $62.69 a barrel in Asian trading Monday as the U.S. government announced the closure of its embassy and consulates in Saudi Arabia due to security threats and on earlier shutdowns of 6 U.S. oil refineries would reduce supply.

US light, sweet crude for September delivery on the New York Mercantile Exchange rose as high as $62.69 in Asian electronic trading before slipping back a bit to $62.51, up 20 cents from its close on Friday.

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