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Oil Prices Surged 2% on Concern Over Global Supply Disruptions
Apr. 02, 2012 02:29PM PST
Resource Investing News Bloomberg reported that oil prices surged 2 percent on concern over global supply disruptions and U.S. manufacturing data.
Bloomberg reported that oil prices surged 2 percent on concern over global supply disruptions and U.S. manufacturing data.
As quoted in the market news:
Brent May crude rose $2.55 to settle at $125.43 a barrel, recovering back above the 30-day average at $124.25 after slumping to $121.70.
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| Commodities | |||
|---|---|---|---|
| Gold | 2344.53 | +0.88 | |
| Silver | 27.94 | +0.01 | |
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| Oil | 85.45 | -0.14 | |
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| Natural Gas | 1.77 | +0.01 | |
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