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Oil Reaches Record as OPEC Says It Doesn't Need to Raise Output

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Linked by FloridaGator ( track member | ignore member ) - April 21, 10:06AM from (www.bloomberg.com)

Crude oil rose above $117 a barrel for the first time in New York after OPEC said it will maintain production, rejecting calls from the U.K. and Japan to boost output.

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