Oil Hits $ 73 Following Italys Refinery FireQuicklink submitted by Amanda Lang Permalink
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|Oil prices climbed higher after a fire shut ERG's refinery in Sicily, Italy. It affected a 160,000 barrel-per-day of refining capacity.
Brent crude rose $1.19 to $73.21 in London while U.S. light, sweet crude jumped $1.12 to $73 a barrel around midday.
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