Irish Forums Message Discussion :: Oil prices still hovering near $70 mark

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Oil prices still hovering near $70 mark

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Irish Business News Discussion:     Oil prices still hovering near $70 mark

Oil prices stayed close to $70 a barrel in Asian trading on concerns over the damage to US crude production in the chaotic aftermath of Hurricane Katrina. New York's main contract, light sweet crude for delivery in October, was at $69 a barrel, down 47 cents from its US trading close of $69.47 yesterday, and off a morning high in Asia of $69.66.

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