New closing record for NY crude oil at 49.90 dollars

NEW YORK, Sept 28 (AFP) - Crude oil futures hit a new closing record Tuesday on the New York Mercantile Exchange, up 26 cents to 49.90 dollars, just short of the 50-dollar level breached for the first time in regular trading.
Traders worried about unrest in major oil producers Nigeria -- an important supplier to the US market -- and Saudi Arabia, recent hurricanes in the Gulf of Mexico, violence in Iraq and the financial woes of Russian energy giant Yukos.
But feverish markets cooled slightly after Saudi Arabia undertook to increase oil production capacity by 1.5 million barrels per day (bpd) to 11 million within weeks.