Business Today: Prices Set New Record ; in Association with Rbs Oil

The JournalMarch 11, 2008

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Summary


CRUDE oil prices broke through USEUR107 a barrel to set another record in New York yesterday.

It is the fifth time in six sessions that oil prices have reached new highs, as investors shift funds into oil as a hedge against a weakening dollar. Opec's decision last week not to raise supply added to pressures.

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Business Today: Prices Set New Record ; in Association with Rbs Oil

Many analysts believe...

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