Oil Touches 100 Dollars a Barrel

Daily PostJanuary 04, 2008

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Summary


THE price of crude oil showed no sign of easing back yesterday after touching 100 US dollars a barrel in trading late Wednesday.

A weak dollar, unrest in several places across the world and fears over declining US oil stocks contributed to the record price.

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Extract


Oil Touches 100 Dollars a Barrel

Light, sweet crude for February delivery rose 4.02 US ...

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