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Oil Rises to Record $92.22 on Increased U.S.-Iran Tension
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by Dr. Ferragamo, Stanford,
on Oct 26, 2007
There's nothing out there to stop oil from going to $100,'' said Chip Hodge, a managing director at MFC Global Investment Management in Boston, who oversees a $4.5 billion oil and gas company bond portfolio. ``There are plenty of bullish factors such as the continued dispute between Turkey and Iraq, the new sanctions against Iran and falling inventories.''
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