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Reuters: Oil up more than 6 percent on Fed bond move

Started by chris, March 19, 2009, 01:59:15 PM

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chris

Oil up more than 6 percent on Fed bond move
      
   
      


LONDON (Reuters) - Oil jumped more than 6 percent to above $51 a barrel 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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