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Crude Spikes on Mideast Tensions

Friday, 16 Nov 2012 | 12:15 PM ET

Discussing the big reversal in the markets today, with the FMHR team. Meanwhile an explosion and fire on an oil rig occurred 25 miles off the coast of Grand Isle, LA, reports CNBC's Sharon Epperson. John Kilduff, discusses how Mideast tensions are affecting oil prices.