Crude oil rises to new high for ’09
Chris Kahn Associated Press Writer
Oil prices on June 4 set a new high for the year, buoyed by a weaker dollar, the first drop in unemployment numbers since January and renewed expectations that crude will extend its rally this year.
Benchmark crude for July delivery was up $3.35 to $69.47 a barrel on the New York Mercantile Exchange....
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Still a huge surplus
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