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The Associated Press reported that oil remained steady around $94 per barrel in Asia over unexpected decline in U.S. crude inventories.
The Associated Press reported that oil remained steady around $94 per barrel in Asia over unexpected decline in U.S. crude inventories.
As quoted in the market news:
Benchmark oil for September delivery was up 7 cents to $94.40 a barrel at midday Bangkok time in electronic trading on the New York Mercantile Exchange, its highest level since mid-May.
Click here to read the full The Associated Press report.