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Archive Home > 2008 > May > 29 > Oil back above $131

Oil back above $131


May 29, 2008

NEW YORK — Oil futures rose back above $131 Wednesday, recovering from early losses as threats against Nigerian oil facilities led investors to at least temporarily set aside concerns about falling U.S. gas demand. At the pump, meanwhile, gas prices rose to a new record over $3.94 a....

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