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US Crude at 2-1/2-Year Peak on Libya, Obama Eyes Reserve

March 07, 2011

U.S. crude rose to a 2-1/2-year high on Monday as civil war brewed in Libya, while investors kept a close eye on top exporter Saudi Arabia, where clerics forbid protests at the weekend and home to most of OPEC's spare capacity.

Source: http://www.cnbc.com/id/41941471?__source=RSS*tag*&par=RSS
 
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