3/16/2012 3:20:00 PM
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Oil rose almost $2 Friday to finish the week over $107 a barrel, on signs that the U.S. economy was rebounding, Bloomberg reported.
Benchmark light sweet crude futures rose $1.95 to close the week at $107.06 a barrel on the New York Mercantile Exchange.
The closing price was the highest since last Friday, Bloomberg Nymex figures showed. Oil has been in the $105 to $110 range for the past month.
Diesel has pushed past $4 a gallon in the past two weeks and gasoline prices are approaching that level.
The Department of Energy will release its weekly survey of filling stations Monday afternoon in Washington.
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