| U.S. oil rises on unexpected inventories decline |
| Last Updated(Beijing Time):2012-03-22 07:38 |
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U.S. crude oil price rose on Wednesday as U.S. crude inventories declined unexpectedly last week.
Light, sweet crude for May delivery gained 1.20 dollars, or 1. 13 percent to settle at 107.27 dollars a barrel on the New York Mercantile Exchange. In London, Brent crude for May delivery inched up and last traded around 124 dollars a barrel. |
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