Oil prices are surging again to near 119 a barrel. today, oil price is at $118 above and expected to increase any time today due to the many causes behind its increase.....
Oil producers in Rome for the International Energy Forum said they can do nothing to halt oil's rally and the world might have to live with even higher prices if it wants supplies for the future.
U.S. President George W. Bush on Tuesday said he was concerned about record-high crude oil and gasoline prices, and said the United States needs to tap an Alaskan wildlife refuge to boost supply.
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