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By: Benzinga
January 18, 2013 at 07:49 AM EST
Brent Settles Near Above $111 As Global Economy Improves
Brent crude oil steadied above $111 on Friday morning after a spike following news of the Algerian hostage situation. The commodity traded at 111.18 on Friday morning. On Wednesday, Islamist militants raided an Algerian energy field and reportedly captured 41 hostages, including several Westerners. According to the BBC , the Algerian
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