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Oil Sets High For 2009, Near $70 Barrel

By CHRIS KAHN
,
AP
posted: 250 DAYS 12 HOURS AGO
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NEW YORK (June 4) - Oil prices on Thursday set a new high for the year, buoyed by a weaker dollar and the first drop in unemployment since January.
Copyright 2009 The Associated Press. The information contained in the AP news report may not be published, broadcast, rewritten or otherwise distributed without the prior written authority of The Associated Press. Active hyperlinks have been inserted by AOL.
2009-06-04 17:11:02

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Oil prices on Thursday set a new high for the year, buoyed by a weaker dollar and the first drop in unemployment since January.