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Crude oil rises 1.5%
WTI crude caught a bid in the final few minutes ahead of settlement to rise $0.99 to $62.94. That’s the highest since April 20.
On the chart, a mess double bottom may have formed at $60.70 and that targets a return to the April high at $64.30.
Search Web: Oil pops into settlement to hit a one-week high with BP upbeat on demand
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