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Record one-day jump in oil prices.

By Amanda Terkel on September 22, 2008 at 5:18 pm

"Record one-day jump in oil prices."

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The price of oil jumped more than $16 to $120.92 a barrel today, the “biggest daily gain in dollar terms since 1984 — when crude began trading on the New York Mercantile Exchange.” Yglesias has more.

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