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Oil prices near $79 on US hurricane, weaker dollar
Oil prices climbed toward $79 a barrel Monday as Hurricane Ida threatened oil installations in the Gulf of Mexico and the dollar weakened against other currencies.
By early afternoon in Europe, benchmark crude for December delivery was up $1.17 to $78.60 a barrel in electronic trading on the New York Mercantile Exchange.
Ida, the first Atlantic hurricane to approach the United States...
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