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Oil hits 2009 high above $78

Source: Financial Times, 16th October 2009

US crude oil pushed above $78 a barrel on Friday, reaching a 2009 peak, while gold prices slipped after hitting a record high during the week. Nymex November West Texas Intermediate settled at $78.53 a barrel, up 95 cents on the day, and up 9.4 per cent this week.



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