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Bloomberg reports that oil surged for a third day after a report showed U.S. crude stockpiles fell almost three times.
Bloomberg reports that oil surged for a third day after a report showed U.S. crude stockpiles fell almost three times.
The market news is quoted as saying:
The Energy Department said crude inventories declined 4.38 million barrels, compared with a median analyst projection for a 1.5 million-barrel decrease.
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