28-May-2010 11:55 AM
Oil prices roar back - Friday fuel watch
Analysis
Oil prices surged again on Thursday as investors shrugged off European debt worries and focused instead on more positive economic data from the US. Having slumped below USD65 per barrel earlier in the week, benchmark crude for July delivery rose USD3.04 yesterday to settle at USD74.55 per barrel on the New York Mercantile Exchange.
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