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Crude Oil Mar 23 (CL=F)

NY Mercantile - NY Mercantile Delayed Price. Currency in USD

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77.64

+0.50

(+0.65%)

As of 03:13AM EST. Market open.

Reuters
Oil nudges higher on weaker dollar, traders await more inventory data
SINGAPORE (Reuters) -Oil prices extended their two-day winning streak on Wednesday, posting slight gains as the dollar weakened, while investors awaited more inventory data for clearer cues on demand trends. Brent crude futures rose 17 cents, or 0.2%, to $83.86 a barrel by 0740 GMT, after gaining 3.3% in the previous session. U.S. West Texas Intermediate (WTI) crude futures climbed 31 cents, or 0.4%, to $77.45, after adding 4.1% in the previous session.
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Colombia’s OIl Exploration Ban Could Crush Its Economy
Colombia’s hydrocarbon industries are of major importance to the health of its economy, and the proposed ban on oil and gas exploration could carry considerable risks for the country