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Archive Home > 2008 > November > 05 > Oil surges above $70

Oil surges above $70


November 5, 2008

HOUSTON — Oil prices surged above $70 per barrel Tuesday in the final hours of a two-year U.S. presidential campaign, mirroring global stock markets that strengthened from Asia to Europe. A weaker dollar helped too. Light, sweet crude for December delivery rose $6.62 to settle at....

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