NEW YORK (AP) -- Oil prices finished above $80 a barrel for the first time Thursday and gasoline prices rose as refiners reported production problems after Hurricane Humberto hit Texas.
Oil first traded over $80 a barrel on Wednesday after the Energy Department reported declines in crude and gasoline inventories and a drop in refinery activity, but ended the day below that psychologically important mark.
Thursday, September 13, 2007
Oil Closes Above $80 For First Time
Oil Closes Above $80 for First Time.