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Oil rises above $72 ahead of US company results

Oil prices rose above $72 a barrel today in Asia as investors looked to a slew of US corporate earnings reports this week for signs of economic recovery. Benchmark crude for November delivery was up 44 cents at $72.21 by midday Singapore time in electronic trading on the New York Mercantile Exchange. The contract rose 8 cents to $71.77 on Friday.


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