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Reuters: Oil surges 7 percent past $51 on Fed plan, weak dollar

Started by chris, March 19, 2009, 08:59:15 PM

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Oil surges 7 percent past $51 on Fed plan, weak dollar
      
   
      


NEW YORK (Reuters) - Oil jumped more than 7 percent on Thursday to top $51 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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