Oil Rises After Two Days of Drops

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Oil rose after two days of decreases on optimism that European finance ministers will make progress on the region’s debt crisis, Bloomberg reported.Ìý

Crude for November delivery rose $1.32 to $90.65 on the New York Mercantile Exchange early Tuesday, up from the $89.33 closing price Monday, the lowest since Oct. 3.

Prices are down 8.4% this year.Ìý

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