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Bloomberg reported that oil surged $1.12 due to a Greek debt swap.
Bloomberg reported that oil surged $1.12 due to a Greek debt swap.
As quoted in the market news:
Crude oil for April delivery rose $1.12, or 1.1 percent, to $105.82 a barrel at 2:09 p.m. on the New York Mercantile Exchange. Prices are up 7.1 percent this year.