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N.Y. Oil Rises Above $110 a Barrel for First Time Since May

March 1 (Bloomberg) -- Oil in New York rose above $110 for the first time since May in electronic trading after the floor closed on the New York Mercantile Exchange. Crude for April delivery climbed as high as $110.55, up 3.3 percent from yesterday’s close and the highest price since May 4.

To contact the editor responsible for this story: Richard Stubbe at rstubbe1@bloomberg.net

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