US oil closes at 2016 high of $42.17 a barrel
New York
New York - Arab Today
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US oil on Tuesday surged to the highest close of the year so far, on reports of a deal between Saudi Arabia and Russia to freeze output. US benchmark West Texas Intermediate for delivery in May gained $1.81 at $42.17 a barrel on the New York Mercantile Exchange. That was the highest close since November. |
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