Oct 31

Crude oil breaches $96 a barrel

Tag: Markets, General — @ 11:29 pm

HONG KONG (MarketWatch) — Crude oil prices, already at electronic-trading intraday records, breached $96 a barrel Thursday, continuing to rally on news that U.S. inventories dropped more than expected as well as a weakened dollar in the wake of the Federal Reserve’s interest rate cut.

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