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Oil Touches $112 a Barrel on Surprise Draw Down

Started by Jorge · 3 months ago

Oil inventories reported a draw down of 3.2 million barrels versus an estimated 2.2 million barrel increase in crude inventories for last week. The result has been oil racing upwards, briefly touching $112 a barrel and retreating near $111.70. The unexpected draw down, in connection with t ... Continue reading »

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