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Nigerian saboteurs, Canadian wildfires, and Goldman Sachs are pushing oil prices up toward $50 - Quartz
Quartz | Nigerian saboteurs, Canadian wildfires, and Goldman Sachs are pushing oil prices up toward $50 Quartz Oil is in its biggest price surge in six months, sending a potential rescue line to desperate producers who have been shutting down rigs to stave off bankruptcy. Futures prices for Brent crude, the international benchmark, have risen as high as $49.47 ... US oil closes at $48.31, posts best settle since October Oil prices hit highest level in 7 months Fracking will provide a buffer for consumers as oil price rises |
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