USD 77.9568

+0.47

EUR 88.9097

+0.38

Brent 85.88

+0.82

Natural gas 2.928

+0.02

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Crude Oil Prices Hover Around 11-month High

Crude oil was little changed near an 11-month high in New York

Crude Oil Prices Hover Around 11-month High

Crude oil was little changed near an 11-month high in New York on speculation U.S. output of the fuel may slow because of unplanned refinery shutdowns.

Crude oil for August delivery was at $72.65 a barrel, down 16 cents, in after-hours electronic trading on the New York Mercantile Exchange.

Yesterday, the contract rose 62 cents, or 0.9 percent, to $72.81, matching the settlement price on July 6, the highest since Aug. 15. Oil is down 2.1 percent from a year ago.

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