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U.S. crude oil sets new record above $120 a barrel (Reuters)

The plant of Repsol YPF's refinery is seen in Cartagena, southeastern Spain in this January 29, 2008 file photo. (Francisco Bonilla/Reuters)Reuters - U.S. crude oil futures rose to a new record high for a second day on Tuesday, with crude oil futures for June delivery touching a record of $120.70 a barrel.


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