Hello to upper $80s
Tight market, draws on inventories drive oil prices to seven-year highs
Steve Sutherlin Petroleum News
Alaska North Slope crude closed at $86.78 per barrel Oct. 20, a gain of $1.07, while West Texas Intermediate rose 91 cents to close at $83.87. Brent closed at $85.82, a gain of 74 cents.
The gains took prices to seven-year highs. For ANS and Brent, it was the second consecutive close above $85.
Bull....
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