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Crude prices top $147 for first time
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09:17, July 12, 2008
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Surge in Oil Prices
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Crude prices topped 147 U.S. dollar a barrel Friday on tensions in the Middle East and unrest in Nigeria.
Light, sweet crude for August delivery soared 5.6 dollars to 147.25 on the New York Mercantile Exchange.
Source:Xinhua
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