Oil rises in Asia as Gustav poised to hit US (AP)

Courtesy Ytop stories  Mon, 09/01/2008 - 1:13am

Prime Minister Vladimir Putin gestures as he visits the oil port of Kozmino in Russia's Far East on Sunday, Aug. 31, 2008.<br /><br />Putin said Sunday Russia's first oil pipeline to Asia must be completed without delay in 2009, the ITAR-Tass news agency reported.<br /><br />(AP Photo/RIA-Novosti, Alexei Druzhinin, Pool)AP - Oil prices rose Monday in Asia to above $116 a barrel on expectations Hurricane Gustav will damage drilling and refining operations as it approaches the Louisiana coast.




 

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