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Oil Prices Stable Around $89
Oil prices steadied at above $89 a barrel on Monday following last week's near $10 slide
Oil prices steadied at above $89 a barrel on Monday following last week's near $10 slide, but Asian stocks took a breather after posting their best weekly gain in more than three months.
US crude for January delivery rose nearly $1 to above $89.50 a barrel, but was still well off a record high near $100 set on Nov. 21, as investors bet that last week's selloff was overdone.
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