New York's main contract, light sweet crude for March, soared...

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    New York's main contract, light sweet crude for March, soared $3.70 to $US89.34 a barrel, a 4.3 per cent rise for the day.

    Brent North Sea crude for delivery in March surged $2.03 to $US99.42 per barrel at the end of London trade.
 
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