Crude oil jumped on positive U.S. data

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Source: Marketwatch
On Thursday, August 16, crude oil futures jumped 0.5%, to $94.80 per barrel and reached a three-month high.  The boost was provided by optimistic U.S. housing data and worsening geopolitical concerns. Other oil-related products were mixed, with September gasoline declining by 0.6%, to $3.07 per gallon, while  heating oil for September delivery and natural gas for the same month both added 0.3% and 0.8% respectively.

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