Oil rises as US bailout wins initial approval

OIL prices swung higher late this week as the US financial rescue plan to save the ailing banking sector won preliminary approval from lawmakers.

Oil rises as US bailout wins initial approval 
Oil rises as US bailout wins initial approval 
Oil rises as US bailout wins initial approval 
Oil rises as US bailout wins initial approval 
Oil rises as US bailout wins initial approval

Last night, New York's Western Texas Intermediate rose $US4.70 to settle at $US111.

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