Oil prices

Wednesday, April 09, 2008

Oil prices rose toward 109 dollars in Asian trade on Wednesday ahead of the US government's weekly energy stockpiles report due later in the day, dealers said.
In afternoon trade, New York's main contract, light sweet crude for May delivery, gained 13 cents to 108.63 dollars a barrel from 108.50 at the close of floor trading in US hours, when the contract flirted with record highs.


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