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Wednesday, January 30, 2013

Oil Fluctuates as Inventories Gain, Dollar Weakens on Economy

... growth. "The unexpected drop in GDP is a very large surprise," said Tom Doremus, an analyst at Tradition Energy in Stamford, Connecticut. The euro strengthened as much as 0.6 percent to $1.3578. A weaker dollar boosts dollar-denominated oil's appeal ...



via Stamford Newswire http://washpost.bloomberg.com/Story?docId=1376-MHG1930UQVI901-789123OGTHSQNNNQQSS321HJKQ

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