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Despite skyrocketing gasoline prices, a robust thirst for motor fuel powered oil prices starkly higher, as demand trumped fears of recession.
Alaska North Slope crude led the bullish trend June 8, up $2.61 to close at $127.77 per barrel, while West Texas Intermediate jumped $2.70 to close at $122.11.
Alaska North Slope crude led the bullish trend June 8, up $2.61 to close at $127.77 per barrel, while West Texas Intermediate jumped $2.70 to close at $122.11.
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