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Oil Rises, Tension in Egypt Intensifies as Mubarak Hangs On

February 11, 2011

U.S. crude futures rose above $87.40 a barrel as tensions in Egypt intensified after President Hosni Mubarak said he would transfer powers to his vice president but would not immediately step down as demanded by protesters. 

Source: http://www.cnbc.com/id/41520569?__source=RSS*tag*&par=RSS
 
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