Energy - Market Recap - Nov 09, 2009
MarketWatch (Reported 11.09.09): Crude futures rose above $78 a barrel on Monday, as a hurricane headed towards the Gulf of Mexico, raising worries that it may disrupt production at oil and gas installations located there.
WSJ (Reported 11.09.09): NEW YORK -- Saudi Arabia's decision to start using a new benchmark to price the oil it sells to the U.S. is setting up a battle between the two leading commodities exchanges, each hoping to become the dominant market for derivatives linked to the new benchmark.
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