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Bloomberg reported oil surged 0.7 percent as gasoline stockpiles declined.
Bloomberg reported oil surged 0.7 percent as gasoline stockpiles declined.
As quoted in the market news:
Crude for May delivery on the New York Mercantile Exchange rose as much as 67 cents to $103.37, the highest price since April 5, and was at $103.16 a barrel at 1:05 p.m. London time. Prices are up 4.4 percent this year.