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Oil futures settled firmer on Thursday, building on the previous day’s gains that came after the US government data showed sizable weekly declines in crude supplies and production.

Oil futures settled firmer on Thursday, building on the previous day’s gains that came after the US government data showed sizable weekly declines in crude supplies and production. Crude also saw support from news that Saudi Arabia plans to trim oil production after this summer. West Texas Intermediate crude for September delivery added $0.22 to • Read More »