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Oil heats up as bulls target $100-a-barrel price

Source: Financial Times, 19th October 2010

Oil at $100 a barrel? Not as unlikely as it sounds, according to a note by Goldman Sachs , Wall Street's biggest commodities dealer. Helped by the dollar's recent tumble, crude prices have been rising fast. And, if Goldman is correct, oil will break the triple-digit barrier by the end of next year.



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