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Oil prices rise as EU closes in on new treaty
Oil prices rose for the first time in three days, as the European Union moved closer to a plan that promises to fix the eurozone debt crisis.Benchmark crude rose $1.07 Friday to end the week at $99.41 per barrel in New York. Brent crude, which is used to price foreign oil imported by some U.S. refineries, added 53 cents to finish at $108.47 in London.Massive debts in several European nations have
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