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Wednesday, April 6, 2011

Crude Oil Trading Flat,Upward Momentum Expected To Resume

By Forex Expert | April 6, 2011 | Latest News | Comments Off

By David Becker Oil prices consolidated despite a large run-up in the price of gasoline that lifted most of the petroleum complex higher. Brent prices moved higher, climbing 88 cents per barrel and topping $122. Prices on WTI were hampered by temporarily the dollar during the week, a rise in interest rates by the Chinese central bank, [...]

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