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Oil price up $2 as economy slows
posted by rsk4you (202) 6 months ago (latest-news-portal.blogspot.com)
prices climbed more than $2, tipping beyond $106 a barrel, after weaker-than-expected job data indicated further signs of a slowing economy. Crude oil futures for May rose $2.4 a barrel to settle at $106.23 in New York. Meanwhile London Brent crude, finished $2.38 higher at $104.9.
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