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Reuters: Oil powers to record above $134 as supplies fall

Started by chris, May 22, 2008, 03:41:05 AM

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chris

Oil powers to record above $134 as supplies fall
      


TOKYO (Reuters) - Crude oil surged to a fresh record high above $134 per barrel on Thursday as a surprise drawdown in U.S. crude oil inventories and a weaker dollar prompted heavy fund inflows into the market.
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