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Oil trades near record levels
Posted on Jul 03 2008 4:53 AM by
adeal
Filed Under:
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World oil traded higher in Asia near record levels yesterday after OPEC's president talked of uncertainty surrounding future investment in energy facilities. In afternoon trade, New York's main oil futures contract, light sweet crude for August delivery, was $1.33 higher at $142.30 a barrel from a record close of $140.97 Tuesday at the New York Mercantile Exchange.
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