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                    [Title] => Crude closes above $54 for first time this year
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NEW YORK (AP) – Oil prices hit a new high for the year yesterday and retail gasoline rose above $2 per gallon for the first time since November as investors wagered that there would be a new run on crude stocks.
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A weakened dollar and evidence that OPEC has significantly slowed production sent oil prices soaring to new highs for the year Thursday. “I think we’ll see higher oil prices for a while,” said Michael Lynch, president of Strategic Energy & Economic Research.
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                    [Title] => Oil hits high for 2009 as dollar plunges
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NEW YORK (AP) – Oil prices hit new highs for the year yesterday after a decision by the Federal Reserve to spend billions snapping up US bonds sent the dollar tumbling.
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OIL MOVEMENTS

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                    [Title] => Oil hits high for 2009 as dollar plunges
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abtest

Oil rises to new high for 2009

June 5, 2009 - 3:12am

NEW YORK (AP) – Oil prices yesterday set a new high for the year, buoyed by a weaker dollar and the first drop in unemployment numbers since January.

Crude closes above $54 for first time this year

March 27, 2009 - 5:00am

NEW YORK (AP) – Oil prices hit a new high for the year yesterday and retail gasoline rose above $2 per gallon for the first time since November as investors wagered that there would be a new run on crude ...

Oil hits year-high of $51.61 as dollar plunges

March 21, 2009 - 12:00am

A weakened dollar and evidence that OPEC has significantly slowed production sent oil prices soaring to new highs for the year Thursday. “I think we’ll see higher oil prices for a while,” said Michael...

Business

Oil hits high for 2009 as dollar plunges

March 20, 2009 - 2:18am

NEW YORK (AP) – Oil prices hit new highs for the year yesterday after a decision by the Federal Reserve to spend billions snapping up US bonds sent the dollar tumbling.