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Daily Economic Update
December 27, 2010

 Oil prices rose today as cold winter weather hit the US 
 northeast and Europe. Prices rose $0.26 a barrel to 
 $93.72 from Friday. 

 Oil prices last rose above $100 per barrel in October 
 2008; it would not be surprising if the price per barrel 
 of oil rose to $100 during the first half of 2011. 




                    Produced by NAR Research

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Daily Economic Update, December 27, 2010