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Oil breaks above US$55 on jobs data

By Calgary Herald May 6th, 2009 - PERMALINK
U.S. light crude for June delivery was up US$1.60 cents to US$55.43 a barrel by 1323 GMT, having settled 63 cents lower on Tuesday. London Brent crude was up US$1.19 to US$55.29. 'Crude and unemployment numbers arenĂ¢t directly linked, but the energy