Oil Nears $130
Oil Nears $130
From news.bbc.co.uk
May 21st, 2008
news.bbc.co.uk — Oil prices have hit another intra-day high, flirting with the $130-a-barrel price level on increased concerns about supply and the weaker dollar. Experts say the dollar's weakness is also driving the oil price higher as investors look to buy commodities as a hedge against the currency.

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