Oil prices soared to a record high close to 106 dollars a barrel on Thursday as traders were spooked by a small explosion in New York, a surprise fall in US crude stockpiles and the weak US currency.
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Oil price hit record high near 106 dollars amid New York explosionPosted by UK Economy News
In UK financial news
6Mar 08 Oil prices soared to a record high close to 106 dollars a barrel on Thursday as traders were spooked by a small explosion in New York, a surprise fall in US crude stockpiles and the weak US currency.
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