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Hart Energy Commodities Report March 9

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Kristie Sotolongo
March 10, 2014

U.S. Crude Futures Rise More Than $1/bblNYMEX-traded crude futures advanced more than US$1 per barrel (/bbl) on Friday as Western relations with Russia worsened over the crisis in the Ukraine, and U.S. job growth accelerated by more-than-expected in an upbeat sign for oil demand. U.S. non-farm payrolls rose by 175,000 in February – surpassing analyst predictions for a 149,000 rise and above January and December levels, U.S. Labor Department data showed. Gains were capped; however, by news that China recorded its first domestic bond default, triggering worries that the world’s ...


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