Hurricane fears raise oil prices

There are fears that Tropical Storm Gustav is gathering strength Oil prices have fallen as traders took profits - but prices are expected to rise as Tropical Storm Gustav approaches the Gulf of Mexico. With Gustav now heading towards Jamaica after battering Haiti there are fears it may disrupt US oil production. US light, sweet crude was trading at $114.90 per barrel, down $3.25 from Wednesday's close. London's... [read full story]                    

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