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Energy Source with Sharon Epperson

Oil's Closing High: A New Twist

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Published: Tuesday, 26 Feb 2008 | 5:34 PM ET
Sharon Epperson By:

CNBC Senior Commodities Correspondent & Personal Finance Correspondent

Another record day for oil prices Tuesday, with Nymex crude settling above $100 for the second time in a week. What a run! Oil hit a low of $86 earlier this month and now its trading near $101, a nearly $15 move! Pretty hefty gains!

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Another record day for oil prices Tuesday, with Nymex crude settling above $100 for the second time in a week. What a run! Oil hit a low of $86 earlier this month and now its trading near $101. Today, we noticed some major similarities and differences with last week's sharp surge...

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