Crude oil prices have risen, straining to keep above the US$70 mark. Despite high oil inventories and persistent concerns over Europe's debt problems that could curb growth, crude rose 40 cents to US$$70.
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Tuesday, May 25, 2010
Crude oil prices bob above US$70
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Oil rose in New York after an industry-funded report showed a drop in U.S. gasoline stockpiles, renewing optimism of increasing fuel demand in the world’s largest crude consumer.
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