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NYMEX crude rises to new record at $144.34

SINGAPORE
Wed Jul 2, 2008 9:04pm EDT
A resident refuels his car at a gas station in Valparaiso city, about 75 miles northwest of Santiago, July 2, 2008. REUTERS/Eliseo Fernandez

SINGAPORE (Reuters) - Oil hit fresh records for the second day on Thursday, after a drop in U.S. crude inventories raised supply concerns.

NYMEX crude CLc1 rose 77 cents to $144.34 a barrel by 0039 GMT, while London Brent rose 72 cents to $144.98 a barrel.

(Reporting by Chua Baizhen; Editing by Clarence Fernandez)


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