The price of New York oil on Wednesday struck a historic peak at 114.95 dollars on news that US energy inventories tumbled last week and as the US currency hit an all-time low against the euro, traders said.
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Oil price hits record high near 115 dollarsPosted by UK Economy News
In UK financial news
16Apr 08 The price of New York oil on Wednesday struck a historic peak at 114.95 dollars on news that US energy inventories tumbled last week and as the US currency hit an all-time low against the euro, traders said.
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