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Saturday, October 1, 2016

Oil Price Just Down From Two-Year Highs Set Last Week

August 16, 1999

Oil markets placed another bet on tightening supply, supporting prices in the vicinity of 22-month highs touched last week. Benchmark Brent for September hit $20.87 a barrel today, just 13 cents off a Friday peak of $21 that was the crude's highest value in almost two years.


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