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Oil May Test $100 by Year-End as Global Recovery Strengthens | |
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October 19, 2012 Benchmark oil prices will likely gain next week after data showed the U.S. housing market recovery is accelerating and China’s economy displayed signs of stabilizing after its worst slump since the global financial crisis, according to CNBC’s latest survey of oil market sentiment, with some saying U.S. crude futures may challenge $100 a barrel before the year is out. Source: http://www.cnbc.com/id/49472499?__source=RSS*tag*&par=RSS |
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