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    Oil prices jump as Gulf of Mexico rigs evacuated

    By hellenicshippingnews. Oil prices rose sharply on Tuesday after the evacuation of two Gulf of Mexico oil platforms in preparation for a hurricane. U.S. light crude rose $1.31 a barrel from Friday’s close to a peak of $71.11, its highest since mid-July, before easing to around $71.00, up $1.20, by 0900 GMT. U.S. markets were closed on … Read full story ›

    Source:: Hellenic shipping news Oil