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All Posts Tagged With: "high oil"

Oil Price Soars $5 on Reduced Supply, Gas Could Head Much Higher

Crude for July delivery jumped more than $5 per barrel in New York yesterday (Wednesday) to close at $136.38 per barrel on declines in U.S. supplies and refinery activity.

Supplies fell further than expected, with a 4.56 million decline to 302.2…

12Jun2008 | Money Morning | 1 comment | Continued
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