Oil rises above $81 on Asian stocks, weaker dollar
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Oil prices rose above $81 a barrel Thursday in Asia as a rebound in regional stock markets and a weaker dollar helped push crude higher.
Benchmark oil for December delivery was up 74 cents to $81.18 a barrel at midday Singapore time in electronic trading on the New York Mercantile Exchange. The contract fell $1.90 to settle at $80.44 on Wednesday. (AP)