Crude Rises on Continuing Uncertainy in Egypt

- February 9th, 2011

Reuters reports that U.S. crude futures rose on continued uncertainty about Egypt and a weaker dollar.

Reuters reports that U.S. crude futures rose on continued uncertainty about Egypt and a weaker dollar.

The market news is quoted as saying:

While no oil supply disruptions have resulted from Egypt’s political turmoil, the potential for the unrest to affect shipping traffic and pipeline flows and spill over to other countries in the region continued to keep oil traders wary.

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