Sunday, December 7, 2008

Oil jumps 4% after hitting 4-year low under $41



 
 

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via ABS-CBN News Online Beta by dave_dizon on 12/7/08

TOKYO/SINGAPORE - Oil jumped 4 percent to above $42 on Monday, clawing back a share of the near-record decline last week when negative economic data heightened fears about the impact of a global recession on fuel demand.

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