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Bloomberg reported that oil increased 79 cents to end at $89.22 a barrel on concern that inventories fell.
Bloomberg reported that oil increased 79 cents to end at $89.22 a barrel on concern that inventories fell.
As quoted in the market news:
Crude for August delivery increased 79 cents, or 0.9 percent, to $89.22 a barrel on the New York Mercantile Exchange, the highest settlement since May 29. Prices have declined 9.7 percent this year.