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5 years ago
US crude ends up on earlier Seaway reversal target
April 16, 2012 / 6:51 PM / 5 years ago

US crude ends up on earlier Seaway reversal target

1 Min Read

NEW YORK (Reuters) - U.S. crude futures ended slightly higher on Monday as news of an earlier target date for the reversal of the Seaway oil pipeline prompted heavy transatlantic spread trading.

On the New York Mercantile Exchange, crude for May delivery settled at $102.93 a barrel, up 10 cents, or 0.10 percent, after trading between $101.80 and $103.37.

Reporting by Gene Ramos; Editing by Dale Hudson

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