Oil above $71 | The Daily Star
11:00 PM, August 04, 2009 / LAST MODIFIED: 11:00 PM, August 04, 2009

Oil above $71

Oil traded above 71 dollars a barrel in Asia Tuesday despite a bout of profit taking after a dramatic rally overnight on signs the ailing global economy was on the mend.
In afternoon trade, New York's main contract, light sweet crude for September delivery, was down 47 cents to 71.11 dollars a barrel, after surging 2.13 dollars in US trade Monday.

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