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Epic Update : Oil

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Epic Update : Oil
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epicresearchindore
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Epic Update : Oil - June 23rd, 2012

Oil bounced from 18-month lows on Friday as investors shifted their focus to efforts to resolve Europeís debt crisis, while US stocks rebounded from the second-worst decline of the year.

The euro firmed against the dollar after the European Central Bank said it would accept lower-quality assets as collateral in a move to aid the regionís shaky banks.
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