Oil prices rising in Europe
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May 17, 2000: 5:25 p.m. ET
Despite OPEC's recent moves, wholesale prices are up 30 percent
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LONDON (CNNfn) - In the past five weeks, wholesale oil prices have accelerated by 30%. What is driving oil prices up?
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VIDEO
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Place the blame on a tight U.S. gasoline market, and on OPEC, with its recent price band mechanism under international scrutiny.
CNN's Christian Mahne takes a look at rising oil prices and who is to blame.
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