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2008 May 19   05:58

Oil price up to $124.99 in London and to $126.29 in New York

In London, the June Brent Crude contract was up $2.38 on May 16 to $124.99 per barrel on the ICE Futures exchange. Light Sweet Crude for June delivery climbed $2.17 to $126.29 on the New York Mercantile Exchange, Finmarket reports.

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