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Crude prices hovered above $74 today as concerns over Greece's sovereign debt kept the euro close to nine-month lows against the dollar. For March delivery, US crude increased by 7 cents to $74.20 a barrel at 02.30 GMT, while London ICE Brent crude rose by 34 cents to $72.85 a barrel, r
Crude prices hovered above $74 today as concerns over Greece’s sovereign debt kept the euro close to nine-month lows against the dollar.
For March delivery, US crude increased by 7 cents to $74.20 a barrel at 02.30 GMT, while London ICE Brent crude rose by 34 cents to $72.85 a barrel, reports Reuters.
Oil has traded in a relatively tight $15 range between $69 and $84 a barrel since October 2009.
At a meeting in Brussels yesterday euro zone finance ministers urged Greece to announce more deficit-control steps by mid-March if necessary, reports Reuters.
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