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Tag: Crude oil reaches five-month high over Libyan supply threat

Crude oil reaches five-month high over Libyan supply threat

Crude oil reaches five-month high over Libyan supply threat Crude Oil hit a five-month high above 71 dollars a barrel on Tuesday, supported by concern that violence in Libya could further tighten supply already squeezed by OPEC cuts and U.S. sanctions on Iran and Venezuela. International...