Oil climbs above $52 in Asia fueled by higher equity markets, but rally seen vulnerable

Posted by admin on March 24, 2009 under News | Read the First Comment

Oil climbs above $52 in Asia fueled by higher equity markets, but rally seen vulnerable
KUALA LUMPUR, Malaysia – Oil prices rose above $52 a barrel Monday in Asia, boosted by stronger Asian stock markets amid plans by the U.S. government to buy bad assets from banks to contain the finan…

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