Crude oil flirts with record (Video)

April 9, 2008

Citigroup is close to selling $12 billion in leveraged loans and bonds, according to sources familiar with the matter.Boeing pushed back the delivery date for its 787 Dreamliner jumbo jet for the third time.Conway Gittens reports from New York.Conway Gittens reports from New York.

Oil Hits All-Time High Trading Price on NYMEX (Video)

April 9, 2008

04/09/08 After news of a weakening dollar combined with an unexpected report of a drop in crude inventories, US light-sweet crude traded at an all-time high of $112.21 per barrel and settled at an all-time high of $111.83 per barrel.