Reuters: Oil pares gains after 7 percent surge, hovers around $51

[chris]

Oil pares gains after 7 percent surge, hovers around $51
      
   
      

PERTH (Reuters) - Oil fell from a near 4-month high to around $51 on Friday, paring the previous session's 7 percent gain, on doubts over the effectiveness of the U.S. Federal Reserve's $1 trillion package to revive the economy.<div class="feedflare">
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