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Archive for 10. January 2012

Oil Rises On Economic Growth Outlook -

Crude oil rose to $103.41 during afternoon trading and settled at $102. 24 a barrel.  An improved outlook for US economic growth also sent the stock market to a five month high.  In addition, tensions in Iran and Nigeria raised supply concerns for the near term.

To read a related Reuters article, please click here:

http://www.reuters.com/article/2012/01/10/us-markets-oil-idUSTRE7AD06820120110

Jim Sutliff

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