FACTBOX-Why oil prices are at a record high
U.S. crude oil was trading above $82 a barrel on Wednesday, after hitting an all-time high of $82.38 the previous day.Investment flows from pension and hedge funds into commodities including oil have resumed in recent months after a hiatus earlier
Source: c.moreover.com

AP: Oil Prices Rise to New Records
NEW YORK (AP) – Oil futures rose to new records Tuesday after the Federal Reserve cut interest rates by a larger than expected half percentage point, raising market hopes that economic growth will accelerate and lift demand even as crude oil and gasoline
Source: c.moreover.com