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Oil prices rise on big drop in US supplies
August 15, 2012 11:29 AM
An unexpectedly large drop in U.S. crude oil inventories is driving up the price of oil. Benchmark oil gained 33 cents to $93.75 per barrel Wednesday in New York. Brent crude increased 97 cents to $115 per barrel in London. The Energy Department says crude inventories fell 3.7 million barrels... more »
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