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Tag Archives: Oil

Oil prices stay near $78 per barrel

Oil prices hovered around $78 a barrel this morning as traders weighed doubts about global oil demand against a weaker U.S. dollar, which made crude cheaper for investors holding other currencies. By midday in Europe, benchmark crude for February delivery was up 30 cents to $78.30 a barrel in electronic trading on the New York Mercantile Exchange. On Friday, the ...

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