Oil falls after record highs

news.com.au     12-May-2008            

OIL prices fell heavily today as a firmer US dollar encouraged profit taking after Saturday's all-time highs. ... New York's main oil futures contract, light sweet crude for June delivery, slipped $US1.73 to close at $US124.23 a barrel. In London, Brent crude contract... [read full story]                    


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