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Oil prices soar as US inventories grow less than expected

By Fabrice Pierre-Toussaint Staff Writer for Telegraph Local | See my LinkedIn Oil prices spiked Wednesday after data showed inventories swelled less than expected. Southwest Airlines posts first loss since 2011 West Texas Intermediate crude oil, the U.S. benchmark, climbed 33 percent to $16.40 a barrel after a weekly report from the Energy Information Administration... Read More

The post Oil prices soar as US inventories grow less than expected appeared first on Telegraph Local.



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Oil prices soar as US inventories grow less than expected

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