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Oil rallies to record US$124 on strong diesel demand, 05/08
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China Securities Journal Net
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May 12, 2008
Oil rallied back from early losses yesterday to strike a fresh record above US$124 a barrel as strong diesel demand outweighed signs of rising OPEC supplies.US crude traded up to an all-peak of US$124.61 a barrel in late activity, after settling up 16 cents at US$123.69. London Brent crude rose US$1...
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