Oil prices recover slightly after steep drop

The small stock market crash mainly caused by hype, rumor and panic see a drop in oil prices this was was caused by stocks being sold and nothing to do with supply and delivery or president Bush lifting a ban on drilling.  " NEW YORK - Oil prices swung higher...

Oil Hits Record High!

Oil Settles Above $78, Setting Record Tuesday July 31, 8:34 pm ET By John Wilen, AP Business Writer Oil Settles at a Record High Above $78 a Barrel on Inventory Expectations NEW YORK (AP) -- Oil futures settled...

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