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Brent Oil Near $116 on Mideast Worries, US Stocks Fall

March 02, 2011

Brent oil extended gains on Wednesday after settling at near 2-1/2 year highs as tension in Libya ratcheted up, spurring fears that other producers in the Middle East and North Africa may face similar revolts while crude and gasoline stocks unexpectedly fell in the world's top oil importer, the United States. 

Source: http://www.cnbc.com/id/41858123?__source=RSS*tag*&par=RSS
 
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