Oil Rises as Supply Risks Ripple Through Mideast, Great Plains

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Oil Rises as Supply Risks Ripple Through Mideast, Great Plains“A lot of guys looked at the washout we saw last week as an opportunity,” said Phil Streible, senior market strategist at RJO Futures Group Inc. in Chicago. West Texas Intermediate for July delivery rose 35 cents to $58.98 a barrel at 12:05 p.m. on the New York Mercantile Exchange.


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