January 2, 2013 12:05 PM

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US fiscal deal cheer pushes oil prices up in Asia

Oil was up in Asia today, as traders cheered a last-minute deal pieced together by US politicians to avoid the fiscal cliff. New York's main contract, light sweet crude for delivery in February, added 19 cents to 92.01 dollars a barrel and Brent North Sea crude for February delivery gained 42 cents to 111.53 dollars.

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