Benchmark oil for August delivery inched up to US $80.5 in electronic trading on the Nymex. The contract rose 85 cents to settle at US$80.21 in New York on Wednesday. In London, Brent crude for Auguust delivery inched up to $93.
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Monday, July 02, 2012
Slight improvement in oil prices amid signs the U.S. economy may be improving
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