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Oil jumps nearly 3% as US crude rises firmly above $40 on short-covering - CNBC
CNBC | Oil jumps nearly 3% as US crude rises firmly above $40 on short-covering CNBC The dollar was up slightly on Thursday, remaining a non-factor to oil's moves. The U.S. currency lost 2 percent in all since late July, a development that had not boosted oil prices despite crude being denominated in the greenback. Speculators ... |
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