Oil sped to new peaks for a third straight day on Thursday to top $135 a barrel as investors fretted over long-term supply constraints and a big drop in U.S. crude stocks.
London Brent crude soared to an all-time high of $135.14.
U.S. crude struck a record $135.09.
The latest leg of the rally began on yesterday as oil leapt by more than $4 after U.S. weekly data showed crude stocks had declined by 5.4 million. Analysts had expected an increase.
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Updating Lexaria's oil and gas production in the southern USA
