Friday February 10, 2012

Oil rises on U.S., China manufacturing data

NEW YORK (Reuters) – Oil prices rose more than $1 to top $78 a barrel on Monday as strong manufacturing data from the United States and China stoked optimism for a turnaround in the economy and in fuel demand.

NEW YORK (Reuters) - Oil prices rose more than $1 to top $78 a barrel on Monday as strong manufacturing data from the United States and China stoked optimism for a turnaround in the economy and in fuel demand.

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