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Reuters: Oil hovers at $102, weak dollar and OPEC support

Started by staff, March 03, 2008, 07:25:03 AM

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staff

Oil hovers at $102, weak dollar and OPEC support
      


SYDNEY (Reuters) - Oil prices were steady on Monday, finding support from a sharp decline in the U.S. dollar and expectations oil cartel OPEC would leave its output unchanged.
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