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Old 3rd-July-2008, 09:24 AM
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The price of oil has continued to climb - with Brent crude rising above $145 a barrel for the first time.

London Brent crude rose by $1.50 to $145.75 a barrel in after-hours electronic trading. US light, sweet crude rose by more than $1 to $144.57.

BBC NEWS | Business | Oil prices reach new record high
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