USD 63.7606

-0.19

EUR 71.1696

+0.04

BRENT 59.06

+0.01

AI-92 42.28

+0.01

AI-95 46.04

+0.01

AI-98 51.75

0

Diesel 46.25

-0.01

11

Oil Prices Soared to $98

Oil prices soared further on Wednesday, touching $98 amid weaker dollar..

Oil prices soared further on Wednesday, touching $98 amid weaker dollar and traders fretted about a winter fuel crunch due to thinning oil stocks and a North Sea storm.

U.S. light, sweet crude for December rose as much as $1.30 to $98 a barrel in active trade of over 9,000 lots, soaring past the previous record $97.10 touched on Tuesday.

London Brent crude also hit new peaks and stood 74 cents higher at $94 a barrel on the ICE Futures.