NEW YORK: Oil prices approached 70 dollars per barrel on Thursday after a new forecast from US investment bank Goldman Sachs anticipating global economy recovery.New York's main futures contract, light sweet crude for delivery in July, hit a high of 69.60 dollars per barrel before closing at 68.57 dollars, up 2.45 dollars from Wednesday's close. Thursday's close was the highest since November 4. London's Brent North Sea crude for July delivery .... Full Story
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