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May 21, 2008

Oil is $132 a barrel.

Another new record. Bloomberg: "Oil Rises Above $132 on U.S. Supply Drop, Bank Price Forecasts". Last week, the US DOE says, supplies fell 5.32 million barrels to 320.4 million, the biggest drop in 4 months.

Posted by Holden Oliver (Kitzb├╝hel Desk) at May 21, 2008 08:33 AM

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