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Oil Rose 18 Cents as U.S. Supplies Did Not Grow as Expected
Feb. 08, 2012 10:56AM PST
Oil and Gas InvestingBloomberg reported that oil rose 18 cents as U.S. supplies did not grow as expected last week.
Bloomberg reported that oil rose 18 cents as U.S. supplies did not grow as expected last week.
As quoted in the market news:
Benchmark U.S. crude rose by 18 cents to $98.59 per barrel in New York. Brent crude, which is used to price foreign oil varieties, rose by 29 cents to $116.52 per barrel in London.