Prices 1 News
Oil rises to near $100 as US debt talks drag on $100 a barrel Tuesday as the dollar continued to weaken on the back of the failure of U.S. leaders to make progress in raising the government debt limit ahead of next week's deadline.By early afternoon in Europe, benchmark oil for September delivery was up 47 cents to $99.67 a barrel in electronic trading on the New York Mercantile Exchange. Crude lost 67 cents to settle at $99.20 on Monday.In London,
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