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Old 3rd Jul 2008, 06:39
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heli_port
 
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Oil prices reach new record high

The price of oil has continued its surge upwards - hitting a new high of $145 a barrel in trading in Singapore.
London Brent crude rose by 74 cents to $145.00 in early Asian trade. Light sweet crude rose 81 cents to $144.38.


BBC NEWS | Business | Oil prices reach new record high

The squeeze: key factors



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