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U.S. light crude soared $2.10 to $46.28 a barrel, for a week gain of 14% with prices at their highest level since early December. London Brent was up $1.96 at $43.39 a barrel. Analysts attribute the reason to be frigid weather lingering in the Northeastern United States as well as bin Laden's audio tape urging additional attacks on Middle East oil installations. |
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