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Oil hits $100, first time since July
Oil prices jump to $100 for the first time since July
By The Associated Press

NEW YORK (AP) ' Oil prices have hit $100 per barrel for the first time in nearly four months.

The price of benchmark West Texas Intermediate crude rose as high as $100.30 in electronic trading on Wednesday. The price has rebounded since peaking at $113.93 at the end of April.

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