Financial Times FT.com

Oil price tests an all-time high

By Ed Crooks and Javier Blas in London

Published: September 6 2007 19:59 | Last updated: September 6 2007 19:59

The price of oil has risen close to a record level, putting more pressure on Opec to give a positive signal about production levels at its meeting in Vienna next week.

The price increase was triggered by claims that Israeli warplanes had penetrated Syrian airspace.

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