Oil jumps towards $37 as cold weather boosts demand (Reuters) and Fitch Teleconference: Economy Pushes U.S. Housing Lower In 2009; Today @ 11am ET (Business Wire)

By Christopher JohnsonLONDON (Reuters) – Oil edged up toward a barrel on Friday as cold weather across the northern hemisphere boosted demand for heating fuel and a dispute between Russia and Ukraine kept supplies of Russian gas to Europe low. The European Commission said on Friday Russia and Uk…

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