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Crude oil hits 10-month high…ends above US$74

Posted on: August 23rd 2009 in Press Releases.

Weakness in the US dollar and positive economic data (from the US and Europe) bolsters optimism about economic rebound October crude futures advanced 6.2% this week Oil prices touched a 10-month high on Friday in New York, buoyed by weakness in the dollar and by positive economic data. …

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