By: Benzinga
January 02, 2013 at 07:29 AM EST
U.S. Fiscal Cliff Deal Sends Brent Soaring
Brent crude oil rocketed above $112 on Wednesday morning after an 11th hour fiscal cliff deal in the U.S. Fears that the number one oil consumer would slip into recession were eased as U.S. lawmakers came to an agreement to avert the $600 billion package of tax increases and spending
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