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Oil jumps above $51 on optimism recession slowing (AP)

Oil rose above $51 a barrel Thursday in Asia as investors took heart from optimistic comments from the U.S. Federal Reserve that the worst recession in decades is likely easing.

This entry was posted on Thursday, April 30th, 2009 at 12:45 pm and is filed under Economic News. You can follow any responses to this entry through the RSS 2.0 feed. You can skip to the end and leave a response. Pinging is currently not allowed.

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