Oil Rises On Sharp U.S. Gasoline Draw, Libya

- April 13th, 2011

Reuters reported that US crude oil prices are up on the crisis in Libya and lower US gas stockpiles.

Reuters reported that US crude oil prices are up on the crisis in Libya and lower US gas stockpiles.

The market news is quoted as saying:

Oil prices rose early after a two-day sell-off that was driven by cautious comments from Goldman Sachs. The influential bank said a robust crude rally looked overdone.

To read the full press release, click here.

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