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Crude Oil Rises

Written by Investing News Network
|
Feb. 17, 2011 11:12AM PST

Bloomberg reports that oil prices rose for a second day in New York owing to Middle Eastern civil unrest.

Bloomberg reports that oil prices rose for a second day in New York owing to Middle Eastern civil unrest.

The market news is quoted as saying:

Oil futures in London may slip below $100 a barrel as political unrest abates in the Middle East and OPEC’s spare production capacity allays supply concerns, according to Barclays Plc.

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