Oil Rises As Storm Barrels Through Gulf Of Mexico

Associated Press, Time: Business
Mon, 08/27/2012 - 5:07am

The price of oil rose to near $97 a barrel on Monday as Tropical Storm Isaac barreled across the Gulf of Mexico and toward the U.S. mainland, picking up strength and threatening oil and refining operations. An explosion at a refinery in Venezuela also pushed prices higher. By early afternoon in Europe, benchmark crude for [...]

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Topics:  tropical storm isaac   gulf   mexico   u.s    venezuela   europe   oil   
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