Oil prices

Published Friday May 9th, 2008

NEW YORK - Gasoline and crude oil jumped to new records Thursday, with gas rising three cents US to an average U.S. price of nearly US$3.65 a gallon and oil crossing $124 a barrel for the first time. At the U.S. pump, the average price of a gallon of regular gas nationwide rose 2.7 cents to a record $3.645 (about 96 cents a litre).

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