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LA times reports that on Wednesday, the U.S. benchmark oil price skyrocketed to $100 a barrel.
LA times reports that on Wednesday, the U.S. benchmark oil price skyrocketed to $100 a barrel.
The market news is quoted as saying:
The last time U.S. oil prices were at $100 a barrel was in September 2008, when the price collapsed amid the financial-system meltdown.