New York oil prices in record territory

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New York oil prices in record territory

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09-18-2007, 02:00 PM

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New York oil prices in record territory

Crude oil prices were up in record territory, near $80 per barrel in New York in afternoon trade Wednesday, after US crude oil inventories dropped by over 7 million barrels last week and the decision by OPEC to raise production by half a million barrels per day from November 1 was seen as too little [...]

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