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US Jobs data propels crude above $80 bbl

posted by Avatar Binsonu 811 days ago in USD, Oil, Employment

Jobs data indicating that US economic recovery might be picking up steam finally pushed crude oil futures decisively over the stubborn $80 a barrel threshold. Nymex’s benchmark West Texas Intermediate settled Friday at $81.50 a barrel, a seven-week high, after topping $82 in intraday trading.
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