Crude oil runs up and up |
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Headlines Inflation fears and weaker greenback give gold lift Brent and Distillates On Wednesday crude oil continued in its way up marking new records. Investors are increasingly worried that oil supplies, particularly from non-Opec countries, would be unable to meet rising demand in the next 10 years. Some traders also said that big investors closed up short positions – bets the oil price will fall in the. Yesterday’s U.S . government data showed domestic crude stocks fell last week by 5.4
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