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Business Week reported that oil surged $1.90 to $85.81 a barrel after the U.S. Energy Department’s report that crude supplies fell.
Business Week reported that oil surged $1.90 to $85.81 a barrel after the U.S. Energy Department’s report that crude supplies fell.
As quoted in the market news:
Oil for August delivery advanced $1.90 to settle at $85.81 a barrel on the New York Mercantile Exchange.