Reuters: Oil hits $50 on Fed's bond move, weak dollar

[chris]

Oil hits $50 on Fed's bond move, weak dollar
      
   
      

LONDON (Reuters) - Oil rose to $50 a barrel for the first time since January on Thursday after a move by the Federal Reserve to buy government bonds hit the dollar and revived expectations the U.S. economy could soon begin its recovery.<div class="feedflare">
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