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Oil again above US$100 after steep overnight fall on chance of OPEC output hike

by last modified Mar 05, 2008

Oil prices were back above US$100 a barrel Wednesday after dropping sharply in the previous session on the possibility that OPEC will raise output and on expectations that U.S. crude supplies are continuing to rise.

http://www.iht.com/articles/ap/2008/03/05/business/EU-FIN-MKT-Oil-Prices.php