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Oil Prices Climb to $69.68 a Barrel

Oil prices rose Thursday after hitting eight-week lows in the previous session on news of increased U.S. stockpiles, according to the Associated Press.

The U.S. Energy Department reported that crude inventories rose 1.9 million barrels to 337.1 million barrels last week, sending light sweet crude down 31 cents to $69.26 a barrel.

Posted by Peter C. T. Elsworth  at 9:59 AM to Oil | Permalink

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