nnuut
Moderator | TSP Talk Royalty
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Oil edges higher
Prices rise above $77 as the U.S. dollar weakens and investors bet the Dubai debt crisis will be contained. But sentiment remains wary.
Last Updated: November 30, 2009: 3:10 PM ET
Click the chart for current oil prices.
NEW YORK (Reuters) -- Oil prices rose slightly Monday as the weak dollar provided support, outweighing concerns over debt-laden Dubai and its impact on the global economy.
U.S. light crude oil futures for January were up $1.23, or 1.62%, and settled at $77.28 a barrel.
Signs of a sluggish recovery in oil demand and high fuel stockpiles in the United States have kept a lid on crude prices, which are set for a fall of around 0.5% this month, their first decline since [more]
http://money.cnn.com/2009/11/30/markets/oil.reut/index.htm
Prices rise above $77 as the U.S. dollar weakens and investors bet the Dubai debt crisis will be contained. But sentiment remains wary.
Last Updated: November 30, 2009: 3:10 PM ET

NEW YORK (Reuters) -- Oil prices rose slightly Monday as the weak dollar provided support, outweighing concerns over debt-laden Dubai and its impact on the global economy.
U.S. light crude oil futures for January were up $1.23, or 1.62%, and settled at $77.28 a barrel.
Signs of a sluggish recovery in oil demand and high fuel stockpiles in the United States have kept a lid on crude prices, which are set for a fall of around 0.5% this month, their first decline since [more]
http://money.cnn.com/2009/11/30/markets/oil.reut/index.htm
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