Oil Rally Continues On Bright U.S. Economic Data

Posted by Tsvetana Paraskova, oilprice.com

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Oil prices rose early on Wednesday, driven by brighter economic prospects for the United States and continued recovery in oil demand in America and elsewhere in the world.

As of 9:04 a.m. EDT on Wednesday, ahead of the weekly inventory report by the U.S. Energy Information Administration (EIA), WTI Crude was up 1.04 percent at…Click for full article.