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Oil surged as thousands continued to riot against the government in Egypt, and unrest threatened to spread across the Middle East. Oil prices rose as high as $89.73 a barrel at one point.

In the United States, tar sands resources are primarily concentrated in Eastern Utah, mostly on public lands. The in-place tar sands oil resources in Utah are estimated at 12 to 19 billion barrels.

PTS, Inc. (OTC.BB:PTSH) recently announced that Raj Kalra has been named Chairman and Chief Executive Officer, effective immediately. Mr. Kalra replaces Teresa Rubio who has served as Chairman and Marc Pintar who has served as PTSH Interim Chief Executive Officer. In addition to his role as CEO, Mr. Kalra will serve on PTSH's Board of Directors.

Eline Entertainment Group, Inc. (PINK SHEETS:EEGI) and the company's subsidiary Let The Good Times Roll has successfully merged with Midnight Express. This is a second expansion merger for the company.

The weaker Dollar led to an early surge in equity markets, but the rally fizzled as U.S. investors still remained reluctant to chase this market higher. The current rally looks labored and vulnerable to a break, but investors have been supportive on the dips.

Alanco Technologies, Inc. (NASDAQ: ALAN) recently announced preliminary unaudited sales results for its fiscal first quarter ended September 30, 2010.

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The Australian Dollar surged on Monday as rising equity markets drove up demand for higher yielding assets. Traders are also chasing the higher yield in Australia due to the weaker outlook for the U.S. economy.

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