Light, sweet crude for September delivery rose by over one dollar to US$82.5 on the Nymex, while Brent crude on the ICE futures exchange rose to US$82.6. Despite disappointing U.S. economic data, crudde oil futures have strengthened, rising above US$82 a barrel – its highest settlement since May.
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Thursday, August 05, 2010
Crude oil prices strengthen past US$80 despite disappointing economic data from US
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