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March 30, 2007

Oil prices continue to pop - top $66 a barrel

Oil prices continued to soar as the political standoff between Britain and Iran over the detainment of 15 marines and sailors hardened, raising fears of interruptions to the oil supply through Iran, according to the Associated Press.
Light, sweet crude futures rose 52 cents to $66.55 a barrel in European electronic trading on the New York Mercantile Exchange, from yesterday's six-month record close of $66.03.

Posted by   at 9:24 AM to Oil | Permalink

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