Crude oil hits $50 mark again. (23-FEB-05) The Dallas Morning News (Dallas, Texas) (via Knight-Ridder/Tribune Business News)

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Crude oil hits $50 mark again.

Publication: The Dallas Morning News (Dallas, Texas) (via Knight-Ridder/Tribune Business News)

Publication Date: 23-FEB-05

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Byline: Sudeep Reddy

Feb. 23--Spurred by a rush of speculators, crude oil leapt above the $50 mark Tuesday to its highest point in almost four months.

Oil for March delivery gained $2.80, or almost 6 percent, to $51.20 a barrel on the New York Mercantile Exchange.

Projections for colder...

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