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Reuters: Oil hits new high above $114, dollar supports

Started by chris, April 16, 2008, 12:02:04 PM

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chris

Oil hits new high above $114, dollar supports
      


LONDON (Reuters) - Oil struck a new record high above $114 a barrel on Wednesday, buoyed by the weak U.S. dollar, inflows of speculative money and long-term constraints on supply.
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