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02/01/2008 Oil prices soared to $100 a barrel for the first time

9:47

Simmons Says $100 a Barrel Oil Is `Remarkably Cheap'

10:15

Simmons Says $100 a Barrel Oil Is `Remarkably Cheap'

12:00

Inside Story - Oil prices near $100-a-barrel - 11Nov07- Pt 1

1:46

Reaction as US oil prices clime towards $100 a barrel, petrol stations voxes

The rising price of oil was driven by a slumping dollar, geopolitical instability and worries over a winter fuel supply crunch. China and India fed by oil sent prices soaring over the past year, while tensions in oil-producing nations like Nigeria and Iran made investors nervous and invited speculators to drive prices even higher.
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    • Essentials 

    • Overview 

    • The causes of oil price fluctuations 

    • Benchmark pricing 

    • 20th century 

    • 21st century 

    • Market listings 

    • Oil-storage trade (contango) 

    • Comparative cost of production 

    • Future projections 

    • Impact of rising oil price 

    • Impact of declining oil price 

    • Hedging as risk management