Fed policy pushes oil price toward $100 a barrel

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The price of oil is moving steadily toward $100 a barrel, largely because of the Federal Reserve's loose monetary policy and a falling U.S. dollar, economists and traders said. Goldman Sachs, Morgan Stanley, JPMorgan Chase and Bank of America Merrill Lynch predicted that the price will hit $100 a barrel during 2011, the first time in two years. Full story here