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Oil higher on stimulus hopes, Iran tensions

Press Release   •   Jul 17, 2012 05:02 +08

Oil prices rose for a fourth straight session on Monday, lifted by hopes that signs of economic slowing will prompt stimulus measures, especially in China, and by news a US Navy vessel off the United Arab Emirates fired on a fishing boat that failed to heed warnings.

http://www.upstreamonline.com/live/article1260661.ece

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