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Reuters: Oil above $42 on Saudi cuts

Started by chris, January 09, 2009, 10:59:43 AM

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chris

Oil above $42 on Saudi cuts
      


SINGAPORE (Reuters) - Oil rebounded above $42 on Friday on signs that Saudi Arabia would further cut supplies next month, but gains were capped by an impending resolution to the Russia-Ukraine gas spat that could allow supplies to resume.<div class="feedflare">
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