Commodities

Oil Futures Settle Sharply Higher Again

Crude oil futures settled higher on Friday, extending gains from the previous session, as the commodity continued to benefit from data showing a bigger than expected drop in U.S. crude inventories last week.

West Texas Intermediate Crude oil futures for August settled at $74.56, gaining $1.62 or about 2.2% in the session.

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by RTTNews Staff Writer

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