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Reuters reported that oil advanced $1.33 to end at $88.43 a barrel.
Reuters reported that oil advanced $1.33 to end at $88.43 a barrel.
As quoted in the market news:
U.S. August crude pushed up $1.33 to settle at $88.43 a barrel, above the U.S. front-month crude 50-day moving average of $87.21, after trading from $86.41 to $88.48.