Oil rises above $133 a barrel
Tuesday, May 27 - 2008 at 07:43
Oil rose above $133 a barrel Monday on concerns about global petroleum supplies and the outlook for the U.S. economy and the dollar, reported AP. Light, sweet crude for July delivery on the New York Mercantile Exchange was up 88 cents at $133.07 a barrel in electronic trading by late afternoon in Europe.
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Jeff Florian, Senior ReporterTuesday, May 27 - 2008 at 07:43 UAE local time (GMT+4)
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