Crude prices follow Wall Street

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Thu, Nov 13, 2008
Oil Market News
Post by Mike Rodger, Oil Reporter

Oil prices on Thursday took a lead from Wall Street and swung widly. Wall Street sank 300 points before investors flooded back into the market. Light, sweet crude for December delivery was up $2.08 to settle at $58.24 on the New York Mercantile Exchange.

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