Crude Oil Focuses on DOE report
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Nymex crude falls in early open outcry trading after CNBC reports US denial of military skirmish with Iran.
Feb crude -15c at $52.09/bbl.
Prices ran up as high as $52.69 around 9:50 a.m. EST on rumors of some naval interaction between the two nations.
Traders now focusing on DOE report due at 10:30 a.m.
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