Oil Back Above $54 on Drop in U.S. Stocks (Reuters)

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March 31st, 2005, 12:00 AM

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Oil Back Above $54 on Drop in U.S. Stocks (Reuters)

Reuters - Oil prices edged back above $54 a
barrel on Thursday as traders focused on falling gasoline
stockpiles and an easing dollar, rather than the highest crude
oil inventories in the United States in nearly three years.

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