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Crude settles above $70 on supply data (AP)

Oil prices climbed more than 5 percent, surpassing $70 a barrel Wednesday after a government report said the nation’s gasoline supply dropped unexpectedly and demand increased from last year.

This entry was posted on Wednesday, September 30th, 2009 at 11:28 pm and is filed under Economic News. You can follow any responses to this entry through the RSS 2.0 feed. You can skip to the end and leave a response. Pinging is currently not allowed.

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