Oil prices leapt to $90 on Tuesday as a deadly Midwest ice storm briefly paralyzed several big pipelines feeding a key U.S. crude storage hub and fog delayed shipping along the Texas coast, traders said.
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Oil rises as ice slows U.S. crude flowsPosted by UK Economy News
In UK financial news
11Dec 07 Oil prices leapt to $90 on Tuesday as a deadly Midwest ice storm briefly paralyzed several big pipelines feeding a key U.S. crude storage hub and fog delayed shipping along the Texas coast, traders said.
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