Oil rallies to new high above $127
                   
reuters.com     May 16, 2008            

By Margaret Orgill LONDON (Reuters) - Oil climbed to a new record high above $127 on Friday, driven upwards by a weaker dollar and a bullish market for distillate fuels as China and Europe scramble for diesel amid thin global supplies. U.S. crude for June delivery climbed to a peak of $127.43 but... [read full story]                

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Strong economy pushing oil demand up in Middle East

menafn.com     1 hr ago          

The Middle East's economy is set for robust growth next year and strong economic activity is pushing oil demand up in the Middle East. According to the July report of the Organization of the Petroleum Exporting Countries...                

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Gasoline drops below $4 a gallon on average, AAA says - USATODAY.com

usatoday.com     1 hr ago   25 related          

Prices at the pump backed away from record highs as oil futures edged up Friday, but crude's gains were modest in comparison to the spectacular three-day drop earlier in the week. NEW YORK — The nationwide average price for a...                

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Oil could be McCain's issue

jsonline.com     1 hr ago   3 related          

Poll shows energy is concern; swing states are open to drilling By CRAIG GILBERT cgilbert@journalsentinel.com Washington - While 6% in Wisconsin said offshore drilling was the best way to help solve the energy crisis, 21% in...                

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How Low Will Congress’ Approval Go?

thenewpundit.com     1 hr ago          

The Rasmussen Reports latest congressional approval tracking data has shown that paltry 9% of Americans believe that Congress is doing a good job. A closer exploration of the numbers reveals that the Democrat controlled...                

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