Crude oil bounces back to above $93 as disappointing jobs data may prolong Fed stimulus plan

  • by: PABLO GORONDI , Associated Press
  • Updated: January 10, 2014 - 8:45 AM

The price of oil jumped to above $93 a barrel Friday, recouping some recent losses as the U.S. economy added fewer jobs than expected, fueling speculation that the Federal Reserve will reconsider its plans to slow economic stimulus.

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