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Oil prices jump 30% in May, largest in more than a decade

Posted on: May 30th 2009 in Press Releases.

NEW YORK: Oil rose to a six-month high above $66 per barrel on Friday, marking its largest monthly percentage gain in more than a decade, after U.S., Japanese and Indian data suggested the economic downturn may be easing. Oil prices jumped around 30 percent this month, the largest monthly…

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