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Reuters: Oil zooms nearly 9 percent higher to record $139

Started by dave, June 06, 2008, 11:41:05 PM

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dave

Oil zooms nearly 9 percent higher to record $139
      


NEW YORK (Reuters) - Oil jumped nearly 9 percent to a record $139 a barrel on Friday, extending a two-day rally to more than $16 as the slumping U.S. dollar and mounting tensions between Israel and Iran attracted a stampede of buyers.
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