Oil above $113 as dollar weakens on Fed comments (AP) – 1224th Edition

Flames shoot into the sky from a gas pipeline after unknown saboteurs bombed the Egyptian pipeline near the village of Al-Sabil in the El-Arish region of the Sinai.(AFP)AP – Oil prices rose above $113 a barrel Thursday in Asia to the highest since 2008 as a weakening U.S. dollar made commodities such as crude cheaper for investors with other currencies.

By us.rd.yahoo.com
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