Oil prices drop after three straight days of gains
New York (UPI) Jun 9, 2016 -
The rally in crude oil prices lost steam Thursday as markets pulled back to assess short-term outages that may be driving some of the recent momentum.
The price for crude oil opened above the $50 per barrel mark Wednesday for the first time in nearly a year as strong consumer demand eats away at the glut of oil that helped drag markets lower since the middle of 2014.
Data from th ...
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