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Reuters: Oil up to $42 on Saudi cuts

Started by chris, January 09, 2009, 11:59:38 AM

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chris

Oil up to $42 on Saudi cuts
      


LONDON (Reuters) - Oil prices rose to around $42 a barrel on Friday on signs Saudi Arabia will cut supplies further next month, but gains were capped ahead of data expected to show a big jump in U.S. unemployment.<div class="feedflare">
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