us election oil - good result?????

  1. 11,223 Posts.
    Oil runs up on election

    Signs that Bush close to winning re-election boosts crude futures above $50 a barrel.
    November 3, 2004: 4:06 AM EST

    SINGAPORE (Reuters) - Oil prices spiked up above $50 a barrel early Wednesday as signs of an electoral victory for President Bush raised the prospect of continued high U.S. demand and Middle East supply anxiety.

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