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NEW YORK (Dow Jones)--Crude futures rose Tuesday as the market awaited new data on U.S. oil inventories while a crackdown on opposition in Iran raised questions about the major oil producer's stability. Light, sweet crude for February delivery recently traded 57 cents, or 0.7%, higher at $79.34 a barrel on the New York Mercantile Exchange. Brent crude on the ICE futures exchange traded 67 cents higher at $77.99 a barrel.
Full Story: OIL FUTURES: Nymex Crude Up On Tighter Supplies, Iran Unrest - Wall Street Journal
NEW YORK (Dow Jones)--Crude futures rose Tuesday as the market awaited new data on U.S. oil inventories while a crackdown on opposition in Iran raised questions about the major oil producer's stability. Light, sweet crude for February delivery recently traded 57 cents, or 0.7%, higher at $79.34 a barrel on the New York Mercantile Exchange. Brent crude on the ICE futures exchange traded 67 cents higher at $77.99 a barrel.
Full Story: OIL FUTURES: Nymex Crude Up On Tighter Supplies, Iran Unrest - Wall Street Journal
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