Oil Touches $80 On Us Economy, Demand Optimism (ap)

World oil prices, which have soared more than 70% this year on global economic recovery signs, have risen as solid US demand underpins the market on the last trading day of 2009.(AFP/Getty Images/File/David Mcnew)AP – Oil prices touched $80 a barrel Monday in Asia on optimism a gradual U.S. economic recovery in 2010 will boost demand for crude.

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