Published on Fri, May 23, 2008 at 08:52 | Source : CNBC-TV18
Updated at Fri, May 23, 2008 at 15:58
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Crude at $131.13/bbl
Crude prices pulled back sharply from a record above USD135 a barrel as dealers took profits from a dazzling rally and a recovering u.s. dollar dampened the commodities markets. In after hours access trading, crude is at USD131.13 per barrel.
Crude prices pulled back sharply from a record above USD135 a barrel as dealers took profits from a dazzling rally and a recovering u.s. dollar dampened the commodities markets. The US has repeatedly called on OPEC to boost its output to try to calm markets, but the group has said no increase is needed.
In after hours access trading, crude is at USD131.13 per barrel.
