[OIL PRICES] Crude breaks the $130 a barrel level

Crude-oil futures topped the $130-a-barrel mark for the first time on Wednesday ahead of a weekly report on energy inventories, continuing this month's ascent on the back of supply worries and bullish commentaries. July light sweet crude recently traded up $1.40 to $130.38 a barrel.

Source: MarketWatch|By Steve Goldstein

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