Oil Prices Hover Over $100 a Barrel
RENEE MONTAGNE, host:
NPR's business news starts with record oil prices.
One hundred dollars and eighty-eight cents; that was the price for a barrel of oil when trading ended yesterday on the New York Mercantile Exchange. Prices rose even higher in overseas trading. Money is pouring into the oil markets and that's helping push prices up. Analysts point to rising global demand and concerns over supply.
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