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IPFS News Link • Energy

Oil spikes $25 a barrel on anxiety over US bailout

9-22-2008 • AP

Oil prices are spiking more than $25 a barrel as rising anxiety over the U.S. government's proposed bailout of the financial system batters the dollar and sends investors scrambling for safe-haven assets.

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Reported By Powell Gammill

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Oil spikes $25 a barrel on anxiety over US bailout

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