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Crude oil prices have rocketed to fresh record highs near 120- Dollars a barrel - je 23.04.2008 08

Sebastian KatzerApril 23, 2008

Crude oil prices have rocketed to fresh record highs near 120- Dollars a barrel. This time the surge came in response to the weaker dollar and supply disruptions in Nigeria. In the US, transportation officials have responded by proposing tough new standards on fuel efficiency. And President George Bush has been expressing his concern about the pain consumers are facing. +++SYN-MAZ+++

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