Posted AT 11:01 AM EDT on 16/05/08
U.S. crude jumps more than $3 to new record high
PABLO GORONDI
THE ASSOCIATED PRESS
Oil prices soared more than $3 (U.S.) a barrel, surpassing $127 for the first time Friday and putting more pressure on already lofty gasoline and diesel prices ahead of the summer driving season in the northern hemisphere.
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