Crude Oil Pares Gains After Unexpected Increase in Inventories

Oil and Gas Investing

Bloomberg reports that crude oil futures pared gains after unexpected increase in inventories.

Bloomberg reports that crude oil futures pared gains after unexpected increase in inventories.

The market news is quoted as saying:

Crude oil for September delivery rose $1.70, or 2 percent, to $88.35 a barrel at 10:35 a.m. on the New York Mercantile Exchange.

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