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OiL PRICES: $101.32 barrel

Written by bajaenergyblog on

From: blog.bajaenergy.com

Crude oil rose to a record $101.32 barrel in New York as investors look to commodities as a hedge against inflation. Oil climbed 4.7 percent yesterday on speculation OPEC will cut output at a meeting next month and as the dollar fell. U.S. stockpiles probably rose 2.3 million barrels last week, a...

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