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Oil price rises on US jobs report

Oil is rising as investors turned their attention from Europe’s debt struggles to encouraging news about the U.S. economy. Benchmark crude rose $1.01 to $93.20 per barrel on Wednesday morning in New York, while Brent crude added $1.68 at $111.22 in London. Prices rose following a report that said the private sector added 111,000 jobs… Continue Reading Oil price rises on US jobs report