Oil rises to near $120 a barrell, halting slide
2008-08-07 / News
VIENNA, Austria (AP) _ Concerns that tension over Iran's nuclear program could lead to conflict propelled oil prices upward Thursday to near $120 a barrel, halting a fourweek slide. Light, sweet crude for September delivery rose $1.21 to $119.79 a barrel in electronic trading on the New York Mercantile Exchange by noon in Europe.
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