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NY Crude Oil Continued to Rise, Closing Above $84, Driven by Buying on Concerns About the Continued Blockade of the Strait of Hormuz.
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Crude oil futures prices on the New York Mercantile Exchange rose for the third consecutive trading day on the 18th, with the benchmark West Texas Intermediate (WTI) September delivery closing at $84.94 per barrel, up $0.44 from the previous day.
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