Oil soars above $71 in Asia, hitting 2009 high »

Posted By suzanek 5 months, 3 weeks ago in Business & Finance
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Oil prices soared above $71 a barrel Wednesday in Asia, reaching a 2009 high, as investors poured money into the commodity as a hedge against a weakening U.S. dollar and inflation.

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    jmopinion5 months, 3 weeks ago

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    We are swimming in oil. Time for Obama to stop the greedy speculators. Enough is enough.

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