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Reuters: Oil rises above $128 after record surge on weak dollar

Started by chris, June 06, 2008, 05:41:05 AM

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chris

Oil rises above $128 after record surge on weak dollar
      


SINGAPORE (Reuters) - Oil rose above $128 on Friday, extending gains after its biggest ever one-day rise in the previous session, as the U.S. dollar weakened on signals the European Central Bank may raise interest rates this year.
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