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Crude climbs to hit record US$145

by Grant Smith

CRUDE oil rose to a record above US$145 a barrel in New York as investors sought an alternative to tumbling stock markets. Oil has advanced more than 50 percent this year, while equity indexes and the United States...

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<p><a href="http://www.shanghaidaily.com/sp/article/2008/200807/20080704/article_365550.htm"> Crude climbs to hit record US$145 </a> by -- CRUDE oil rose to a record above US$145 a barrel in New York as investors sought an alternative to tumbling stock markets. Oil has advanced more than 50 percent this year, while equity indexes and the United States... </p>