Oil Nears $70 Barrel

"NEW YORK (AP) — Oil prices on Thursday set a new high for the year, buoyed by a weaker dollar and the first drop in unemployment since January."

Chris Kahn reports for the Associated Press June 4, 2009.

See Also:

"Stocks Rise After Crude Oil Prices Gain" (Washington Post)

"As Heavy Oil Price Soars, Refiners Face Reckoning" (Reuters)

"Rise in Oil Price Eases Push for Reform in Russia" (New York Times)

Higher Prices Needed for Oil Investment? (Reuters)