Oil prices up on supply, hurricane worriesTemporary Nymex spike sets new record Aug. 3; prices moderate to $61-range on better-than-expected inventory report from DOE The Associated Press
Oil prices rose Aug. 4 as traders remained wary over possible supply woes because of refinery shutdowns and forecasters predicted a busy hurricane season that could hurt Gulf of Mexico output.
Light, sweet crude for September delivery rose 24 cents to $61.10 a barrel on the New York Mercantile Exch....
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Refinery activity a concern
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