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An oil rig extracts crude in Taft, California. World oil prices ...
AFP/Getty Images/File
Thu Aug 7, 8:36 AM ET
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An oil rig extracts crude in Taft, California. World oil prices have rebounded back above 120 dollars, after a statement that a pipeline carrying crude from Asia to the West would remain shut for about 15 days after a recent explosion.

(AFP/Getty Images/File/David Mcnew)

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