BREAKING: Barrel of oil hits $100.10, closes at $100.01

The closing price for a barrel of oil today was $100.01 and the intra-day high was $100.10. These prices are the highest a barrel of oil has ever traded or closed. No single news event brought the price of oil to these new highs but there are concerns OPEC will tighten supplies next month. We will have more as this story develops.

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• BREAKING: Oil hits $100 a barrel
• Who's responsible for $100 barrels of oil? One guy "seeking fame"

[Source: AOL Money and Finance]