Price of oil prices rise back above US$50 a barrel

Oil prices were fluctuating around US$50 a barrel Monday as investors gained some confidence from reports that ailing U.S. bank Citigroup will get a state bailout and that U.S. President-elect Barack Obama has chosen an economic team to tackle what could be the worst slowdown in decades.

Read Full Article from The Canadian Press

- Posted: 2008-11-24 08:53:31

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