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Reuters: Oil up more than 5 percent after Fed plan, weak dollar

Started by chris, March 19, 2009, 03:59:18 PM

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chris

Oil up more than 5 percent after Fed plan, weak dollar
      
   
      


LONDON (Reuters) - Oil jumped more than 5 percent Thursday to above $50 a barrel after the U.S. Federal Reserve announced a new plan to fight recession and a weak dollar boosted the appeal of commodities to investors.<div class="feedflare">
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