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Saturday, 25 November 2017

U.S. oil price rose to two-year high

U.S. oil price rose to two-year high

25 November 2017, Sweetcrude, Lagos – U.S. light crude rose by 1.24 percent to $58.74 per barrel on Friday, an increase not witnessed since July 1, 2015. The price jumped is due to tightening from North America on the partial closure of the Keystone pipeline connecting Canadian oilfields with the United States. The pipeline spilled …

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