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Reuters: Oil rebounds above $61 on weak dollar

Started by chris, November 07, 2008, 06:59:14 AM

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chris

Oil rebounds above $61 on weak dollar
      


PERTH (Reuters) - Oil reversed course and rose above $61 a barrel on Monday, buoyed by a weakening U.S. dollar, but gains were curbed as an increasingly gloomy economic outlook continued to weigh on near-term energy demand.</p><div class="feedflare">
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