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Posted inGas Prices

Oil Prices Rise 2% on Fears Suez Blockage May Last Weeks

By Yuka Obayashi TOKYO (Reuters) -Oil prices reversed a sharp sell-off a day earlier to rise about 2% on Friday on mounting fears that it could take weeks to dislodge a giant container ship blocking the Suez Canal, which would squeeze supplies of crude and refined products. Prices, however, were still headed for a third […]