Crude ends above $70 for first time since November
10:25, 10 June 2009
NEW YORK. June 10. KAZINFORM Crude futures settled above 70 U.S. dollars a barrel on Tuesday, boosted by a weaker dollar and bullish U.S. government demand forecasts; Kazinform refers to Xinhua.
Light, sweet crude for July delivery jumped 1.92 dollars to settle at 70.01 dollars a barrel, the highest close since November, on the New York Mercantile Exchange, rallying on the news that the global demand was revised higher by the U.S. government; Kazinform cites Xinhua.
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