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Monday, February 20, 2012 - 05:30 IST
Brent hits 8-month Top Above $121 After Iran, China Moves
US crude rose $1.36 to $104.60 a barrel, after earlier rising to $105.21 a barrel, the highest since May last year.
Brent crude rose on Monday to above $121 a barrel, the highest in eight months, as Iran halted exports to British and French companies ahead of a European Union embargo, while policy easing by China and hopes for...
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