Prices 4 News
Oil jumps above $109 a barrel
Oil is rising to new 30-month highs as the dollar declines versus other major currencies and an industry survey suggests that crude supplies unexpectedly fell last week.Benchmark West Texas Intermediate gained 54 cents at $108.76 per barrel in morning trading on the New York Mercantile Exchange. It jumped as high as $109.15 earlier in the trading session — the highest since September 2008.
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