Oil tops $68 on gasoline inventry drop, demand

lkdood

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Apr 7, 2008
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Washington, D.C. / London, U.K.
Oil rose above $68 per barrel on Wednesday, buoyed by a drop in U.S. gasoline inventories and a weak dollar.

U.S. government weekly oil data on Wednesday showed a 1.6 million barrel drop in gasoline inventories, which was line with separate figures from industry group American Petroleum Institute but against analysts' forecast for an increase.

reuters