Oil

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U.S. stocks fall as crude oil continues its climb
(International Herald Tribune - Jun 27, 2008)

Stocks fell again on Friday as oil reached $142 a barrel, a new record, as the major indexes extended their losses a day after a painful 358-point plunge in the Dow.

www.iht.com/articles/2008/06/27/business/28oil.php

Oil reaches $142 on view dollar will keep falling
(AP via Yahoo! News - Jun 27, 2008)

Oil futures climbed to a new record near $143 a barrel Friday on expectations that the weakening dollar, a major factor in crude's stratospheric rise, will extend its decline and add to oil's appeal.

news.yahoo.com/s/ap/20080627/ap_on_bi_ge/oil_prices_161

Oil climbs to record above $141 in Asia
(AP via Yahoo! News - Jun 27, 2008)

Oil prices climbed to a record above $141 a barrel in Asian trading Friday as the dollar's protracted slump prompted investors to flock to oil as a hedge against inflation.

news.yahoo.com/s/ap/20080627/ap_on_bi_ge/oil_prices_135

Asian stocks fall on fears over oil, US
(AP via Yahoo! News - Jun 27, 2008)

Asian stock markets tumbled Friday after Wall Street plunged overnight and crude oil spiked above $140 a barrel for the first time, reigniting fears of a global economic slowdown.

news.yahoo.com/s/ap/20080627/ap_on_bi_ge/asian_markets_6

Oil crosses $141 to new record
(CNN Money - Jun 27, 2008)

Crude touches a new trading high on inflation concerns, weak dollar. SINGAPORE (AP) -- Oil prices climbed to a record above $141 a barrel in Asian trading Friday as the U.S. dollar's protracted slump prompted investors to flock to oil as a hedge against inflation.

money.cnn.com/rssclick/2008/06/27/markets/oil.ap/index.htm?s...

Oil hits record highs near 142 dollars
(AFP via Yahoo! News - Jun 27, 2008)

Oil prices rose to record high levels close to 142 dollars a barrel on Friday.

news.yahoo.com/s/afp/20080627/bs_afp/commoditiesenergyoilpri...

GM downgrade, oil rise slam stocks; worst may not be over
(USA Today - Jun 27, 2008)

Selling slammed stocks Thursday, sending the Dow Jones industrial average to its lowest level all year, as fears about oil prices and the health of the financial system intensified.

www.usatoday.com/money/markets/2008-06-26-stocks-thursday_N....

Indian shares slide 4.38 percent as oil prices rise
(AFP via Yahoo! News - Jun 27, 2008)

Indian shares plunged 4.38 percent in morning trade Friday, hit by record crude oil prices and concerns that domestic inflation could rise further, dealers said.

news.yahoo.com/s/afp/20080627/wl_sthasia_afp/stocksindiamorn...

Oil eases in Asia after overnight jump
(AP via Yahoo! News - Jun 27, 2008)

Oil prices eased Friday after surging in the previous session to a record above $140 a barrel as the dollar's slump prompted investors to flock to oil as a hedge against inflation.

news.yahoo.com/s/ap/20080627/ap_on_bi_ge/oil_prices_133

Oil eases from record high above $140
(Reuters via Yahoo! News - Jun 27, 2008)

Oil eased on Friday on profit taking after a near 4 percent surge the previous session to a record above $140, as U.S. lawmakers approved legislation aimed at curbing energy market speculation.

news.yahoo.com/s/nm/20080627/bs_nm/markets_oil_dc_12