Thursday, March 4, 2010

Oil steady at about $81

Oil was steady on Thursday, trading near seven-week highs around $81, as US demand rebounds with a recovering economy, and a weaker dollar helped whet investors' appetite for risk.
US April crude held on to Wednesday's gains of more than $1, but was trading down 9 cents at $80.79 per barrel. London ICE Brent for April fell 2 cents to $79.23. — Agencies

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