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Reuters: Oil extends gains by another dollar towards $129

Started by chris, June 06, 2008, 08:41:05 AM

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chris

Oil extends gains by another dollar towards $129
      


SINGAPORE (Reuters) - Oil rose by more than $1.00 towards $129 a barrel 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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