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Oil near $100 as Greece approves austerity cuts
Oil prices rose to near $100 a barrel Monday in Asia after the Greek parliament approved new austerity measures that should secure a bailout and avoid bankruptcy.Benchmark crude for March delivery was up 88 cents at $99.55 a barrel at late afternoon Singapore time in electronic trading on the New York Mercantile Exchange. The contract fell $1.17 to settle at $98.67 on Friday.Brent crude was up 33
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