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Oil rises on storm worries

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  • Published On: September 01, 2007
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NEW YORK, Aug 31 (Reuters) - Oil rose on Friday as investors kept watch on a gathering storm in the Atlantic Ocean that renewed concern of possible damage to offshore oil rigs this hurricane season.U.S. crude settled 68 cents higher at $74.04 a barrel ahead of the long U.S. Labor Day holiday weekend. London Brent climbed 79 cents at $72.69 a barrel.
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