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Oil beats $90 on the world market

Oil beats $90 on the world market
# 26 October 2007 09:04 (UTC +04:00)
On October 25, oil soared past $90 a barrel to a record on a mix of unsettling news that ranged from Middle East tensions to supply concerns.
New York’s main oil futures contract, light sweet crude (WTI) for December delivery, climbed $3.36 to $90.46 a barrel after easing off $91.10.
Meanwhile, December Brent North Sea crude went $3.11 up to $87.48 on the ICE Futures Exchange in London.
REBCO (Russian Export Blend Crude Oil) contracts for December earned $3 to $83.50.
Urals spot contracts fell $3.12 to $84.62./APA-Economics/


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