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Oil prices hover around $78 a barrel

5 years ago Tuesday, November 03, 2009 4:23:27 AM CST November 03, 2009 Tuesday, November 03 2009 Nov 3, 2009 in News
Source: Associated Press

Oil prices hovered near $78 a barrel Tuesday in Asia as investors welcomed new U.S. manufacturing and construction figures as positive signs of an economic recovery.

Crude oil investors were encouraged by signs of strength in the U.S. economy, which could help boost oil demand.

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