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Oil above $98 as US economy shows strength

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The price of oil was little changed Friday, remaining above $98 a barrel as signs of stronger recoveries in the U.S. and Japan prompted expectations of greater demand for crude. Benchmark U.S. crude for March delivery lost 21 cents to $98.02 at 0500 GMT in electronic trading on the New York Mercantile Exchange. The contract gained 87 cents to settle at $98.23 a barrel on Thursday. Japan...

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