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Oil tops $90

October 25, 2011
The Times Observer

NEW YORK (AP) - Oil is up more than 3 percent on signs of economic growth in the U.S. and Asia.

Benchmark crude rose $2.84, or 3.3 percent, to $90.24 per barrel in New York. Prices haven't been above $90 per barrel in more than a month. Brent crude rose $1.08 to $110.64 in London.

HSBC said that China's manufacturing sector continues to expand. Japan said exports rose 2.4 percent last month as its economy recovers from the devastating earthquake and tsunami in March.

 
 

 

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