Crude Oil Rises to A Record

 Crude Oil Rises to Record Price

Crude Oil Rises to Record above $92.50 a barrel in New York after Turkey’s Foreign Minister said his government is considering “all options” including military action to deal with Kurdish rebels operating from Iraq.

Crude oil for December delivery rose as much as 93 cents, or 1 percent, to an all-time high of $92.79 a barrel in after-hours electronic trading on the New York Mercantile Exchange. It was trading at $92.63 at 10:14 a.m. Singapore time.

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