20-Feb-2008 11:43 AM
Oil price back above USD100 per barrel - Air France-KLM plots global domination?
Analysis
Crude oil prices closed overnight in New York above USD100 per barrel for the first time. It has also broken through the psychologically important barrier for the first time since early Jan-08, on heightened supply fears. Traders are concerned OPEC may reduce output next month to support prices in a USD85 to USD100 per barrel range.
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