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Fox News: Oil Rises Above $47 as Investors Eye OPEC Cuts

Started by riky, March 09, 2009, 05:03:32 PM

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riky

Oil Rises Above $47 as Investors Eye OPEC Cuts
     


Oil prices rose to near $46 a barrel Monday as investors anticipated another OPEC production cut will shrink global supplies. Gains were kept in check by the strengthening dollar, which drew investors away from commodities.
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