Oil Prices Rise on Supply FearsQuicklink submitted by Amanda Lang Permalink
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|Oil prices rose slightly Friday as tensions in Nigeria, Iran and Saudi Arabia supported supply fears. Light, sweet crude for April delivery rose 7 cents to $63.43 a barrel in electronic trading on the New York Mercantile Exchange by afternoon Friday in Europe. The contract soared $1.39 Thursday to settle at $63.36 a barrel, a three-week high.|
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