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Brent Hikes on Positive US Data, Supply Fears

June 10, 2011

Brent crude rose to $120 a barrel for the first time in five weeks, while U.S. oil climbed above $102 a barrel, on better-than-expected data from top consumer United States and supply worries triggered by OPEC's failure to agree on an output hike.

Source: http://www.cnbc.com/id/43347432?__source=RSS*tag*&par=RSS
 
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