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NY Oil Closes Floor Trading Session Up 0.7% to $98/Barrel; USO Gains 9% This Week

February 25, 2011 2:40 PM EST
USO Hot Sheet
Overall Analyst Rating:
    NEUTRAL (= Flat)
After seeing drastically renewed interest and speculation as the commodity passed the $100 per barrel mark this week, crude oil has just closed this week's floor trading session up 0.7% to $98 per barrel.

The US Oil Fund ETF (NYSE: USO) rose more than 9% this week.


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