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Oil Breaks Record Near $140.(Brief article)
BYLINE: Thomas L. Gallagher
On Thursday, West Texas Intermediate closed up $5.09 on the New York Mercantile Exchange at $139.64 per barrel.
It took just under 3 weeks to set a new record for crude oil after the Fed announced it would not raise interest rates because of its fears of inflation. That signal sent the value of the dollar down to its lowest level …
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