| Oil prices steady in Asia after record near $127
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Trucker Jimmy Smith replaces a gas pump after putting $200 of diesel fuel in his truck Tuesday, May 13, 2008 in Deer Park, Texas. Oil prices shot to a new record near $127 a barrel Tuesday on concerns that Iran may consider cutting crude oil production. Gas prices, meanwhile, rose to a new record over $3.73 a gallon Tuesday, and their advance shows little sign of slowing with Memorial Day weekend, the traditional start of the summer driving season, just 1... Read More... |