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    Oil rises above $81 as Europe's plan boosts confidence

    HotNewsTurkey with wires
    13.10.2008 - 12:19 | Son Güncelleme:

    Oil prices rose and exceed $81 on Monday on the expectation that the European bank rescue plan would boost confidence.

    Oil prices recovered, with light sweet crude for November delivery up $3.33 at $81.03. The contract fell Friday $8.89 to $77.70, the lowest price since Sept. 10, 2007.

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