Financial Times FT.com

Crude oil jumps above $84

By Javier Blas in London

Published: September 20 2007 11:09 | Last updated: September 20 2007 22:30

Crude oil prices jumped above $84 a barrel late on Thursday after production platforms in the Gulf of Mexico were shut down ahead of a threatened tropical storm.

Nymex October West Texas Intermediate hit a record $84.10 a barrel, up $2.17, but settled at $83.32, up $1.39 on the day. The October contract expired at the end of trading. The most active November WTI contract was up $1.05 at $80.75.

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