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Oil surges past $112

Πέμπτη, 10 Απριλίου 2008 01:25

Crude oil prices jumped above $112 for the first time after an unexpected drop in American crude inventories stoked supply fears.But it is not just U.S. supplies that are causing concern, diesel inventories are dwindling in Europe and Asia s demand shows few signs of letting up. SPEAKER: Ray Carbone, president, Paramount Options Conway Gittens reports from New York.


Reuters