Oil prices remain high

The price of oil remained in sight of its record high today after breaching $100 a barrel for the first time last night.

Fri, 04 Jan, 2008 - 09:13

The price of oil remained in sight of its record high today after breaching $100 a barrel for the first time last night.

Light, sweet crude for February delivery stood at $99.32 a barrel in Asian trading on the New York Mercantile Exchange.

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