West Texas Intermediate Crude Oil (OIL) AND Oil to Gold Ratio (OILGLDR):
Headline: Oil up above $109 on signs of strong US demand
Oil prices rose above $109 a barrel Wednesday after a report showed U.S. gasoline supplies fell for a second week, suggesting higher fuel costs haven't yet curbed demand.
A weaker dollar -- which makes oil cheaper for investors holding other currencies -- and rising equity markets in Asia and Europe also helped boost oil markets.
Source: finance.yahoo.com
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