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Oil back above USD46
- Saudi Arabia: Monday, December 20 - 2004 at 11:52
Oil prices held above USD46 a barrel in overnight trading, supported by freezing weather in the US and renewed threats by militants to attack oil facilities in Saudi Arabia. Oil rallied more than USD5.50 a barrel last week, and is now less than USD10 below the all-time high at USD55.67 from late October.
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Peter J. CooperMonday, December 20 - 2004 at 11:52 UAE local time (GMT+4)
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