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NEWS

OIL PRICES REACH NEW HIGHS

New York, Mar 8 (Prensa Latina) Oil prices in New York and London closed on Monday, first trading day of the week, with strong rises in their indicators, marked by high market volatility, traders reported. In New York, Texas Intermediate Crude (WTI), the benchmark in the United States, closed the session at .40 a barrel, for a rise of .72, that is, 3.2 percent.