Oil Investing News » Oil prices rise above $50 on Obama economy team

Oil prices rise above $50 on Obama economy team

November 24, 2008 @ 10:56 am In Oil Market News

Oil prices rose above $50 a barrel in Asia as investors gained some confidence from reports that US President-elect Barack Obama has chosen an economic team to tackle what could be the worst slowdown in decades.

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[1] here: http://economictimes.indiatimes.com/articleshow/3750961.cms