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Oil settles at five-month high, gains capped by jump in US stocks

By Inquirer - 8 months ago
NEW YORK — Oil prices settled at their highest levels since October on Wednesday on investor concerns about supply disruptions due to conflict in the Middle East, although a jump in U.S. crude oil inventories capped the gains. Brent futures rose 43 cents, or 0.5 percent, to settle at $89.35 a barrel, and U.S. West

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