Oil closes below $135 after OPEC questions prices

Courtesy Topix - Business News  Sat, 06/14/2008 - 08:41

Oil prices pulled back Friday after OPEC questioned whether crude can remain so high and the dollar gained against the euro.

Meanwhile, U.S. filling station operators pushed average gas prices deeper into record territory. Prices at the pump are up nearly 7 cents since crossing the $4 threshold nationwide last weekend.

On the New York Mercantile Exchange, benchmark light, sweet crude for July delivery fell $1.88 to settle at $134.86.

Friday's close puts the price of oil...

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