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March , 2010
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The Daily Indian

India’s First Interactive Daily Newspaper For Indian Netizen

Oil holds above $71

Posted by TDI Bureau On February - 8 - 2010

Oil held above $71 a barrel on Monday, supported by a weaker U.S. dollar and as some investors viewed the previous session’s decline to a near two-month low as a buying opportunity.

Metals including copper and gold also rose, although European shares turned negative after an earlier rally as banking stocks were dragged down by worries over euro zone sovereign debt problems.

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