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April 13, 2012

Hot Oil Could Burn the Market

Caroline Valetkevitch, Reuters


oil

Rising U.S. oil prices, more often than not, are a positive for the stock market - but not always. A Reuters survey of 20 equity strategists over the last two weeks puts $125 a barrel as the point where warnings start to flash for stocks. Currently, oil trades at about $103 a barrel. . .

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TAGGED: global oil market, oil prices, oil, Reuters

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