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February 15, 2012

Oil prices climb today on Iran news

Oil prices rose to a one-month high today after a report that Iran had cut oil shipments to six European nations.

A barrel of West Texas Intermediate crude, the benchmark U.S. oil, rose 97 cents, to $101.71, in futures trading this morning on the New York Mercantile Exchange.

Click here for the Bloomberg News report.

--Jack Z. Smith

Posted at 09:09 AM |

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