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. Last Updated: 07/27/2016

Oil Hits 3-Month High




CHICAGO -- Crude oil prices hit a three-month high of $33.17, the highest since the March 8 high of $34.37, on Wednesday at the New York Mercantile Exchange.


NYMEX July delivery crude oil futures settled at $32.85 a barrel, up 29 cents, as the Organization of Petroleum Exporting Countries kept the market guessing on whether it would move to cool off the scorching market rally when it meets in Vienna next Wednesday.