Oil rises above $90
Oil prices inched above $90 a barrel Tuesday as investors remained confident that European policymakers will deliver new measures to get a grip on the debt crisis and save the euro.
By early afternoon in Europe, benchmark crude was up 43 cents at $90.21 a barrel in electronic trading on the New York Mercantile Exchange. The contract fell 35 cents to $89.78 on Monday in New York.
In London, Brent crude was up 23 cents at $106.43 on the ICE Futures exchange.
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