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US Crude Extends Gains on Storm Fears, Data

September 07, 2011

U.S. crude futures extended gains after rebounding to close at a five-week high in New York, fuelled by fears of supply disruptions due to stormy weather in the Gulf of Mexico and forecasts that U.S. inventory data would show a drawdown in crude stocks last week. 

Source: http://www.cnbc.com/id/44432394?__source=RSS*tag*&par=RSS
 
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