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Home>UPDATE: Oil soars 8% Friday, still down 9% for month

UPDATE: Oil soars 8% Friday, still down 9% for month

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Fri, 30 Jan 2015

By Victor Reklaitis and Barbara Kollmeyer, MarketWatch Rig cutbacks, short covering help drive gains NEW YORK (MarketWatch) -- Oil prices soared Friday, achieving their biggest daily percentage gain in two and a half years, yet still wrapped up January with a big loss. Analysts said factors behind
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