Matthew Robinson
Reuters North American News Service
Apr 09, 2008 13:29 EST
NEW YORK, April 9 (Reuters) - Oil surged to a record high over $112 a barrel on Wednesday after a government report showed a sharp drop in U.S. inventories ahead of the summer driving season.
U.S. crude rose $3.03 to $111.53 a barrel by 1819 GMT after peaking at $112.21, and eclipsing the previous record of $111.80 hit March 17.
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