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Stories for August 29th 2005

• Monday, August 29th 2005 - 21:00 UTC

  Crude oil tops $70 per barrel.

  Crude oil futures spiked to more than $70 (U.S.) a barrel for the first time as Hurricane Katrina took dead aim on U.S. oil and refinery operations Monday, shutting down an estimated one million barrels of refining capacity and sharply curbing offshore production in the region.