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    Oil Rises Above $97 per Barrel

    Written by Investing News Network
    |
    Jul. 15, 2011 11:12AM PST

    Washington Post reports that oil climbed nearly 2 percent.

    Washington Post reports that oil climbed nearly 2 percent.

    The market news is quoted as saying:

    Oil had its ups and downs this week, ranging from about $94 a barrel to nearly $100. Some of the volatility was caused by Fed Reserve Chairman Ben Bernanke’s comments about the possibility of another round of stimulus spending

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