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Oil prices rise ahead of Fed's economic forecast

June 22, 2011 10:38 AM

Oil prices are rising ahead of an updated economic forecast from the Federal Reserve. Benchmark oil for August delivery rose 55 cents to $94.72 per barrel Wednesday morning on the New York Mercantile Exchange. Brent crude gained $1.38 at $112.35 on the ICE Futures exchange. Federal Reserve Chairman Ben Bernanke... more »

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