Oil rises ahead of the release of US indicators

Associated Press
Oil rises ahead of the release of US indicators

Venezuela's Oil Minister Rafael Ramirez, right, and Igor Sechin, chief executive of Russian energy company Rosneft, smile at each other after a signing ceremony in Caracas, Venezuela, Tuesday, Jan. 29, 2013. Russian and Venezuelan officials signed five documents laying out plans for offshore natural gas and oil projects, the creation of a new joint company and the purchase of Russian-made oil drills. (AP Photo/Ariana Cubillos)

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