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Don't Change Levels like jokers. We told you before the support level. Market not break that level
Oil rises on hopes Saudis may step in
SAN FRANCISCO (MarketWatch) — Crude-oil futures rose more than 2% on Tuesday, as some optimism about curtailing output seemed to permeate markets and ahead of a fresh weekly report on stockpiles.
Light, sweet crude futures for delivery in March CLH5, -1.82% rose $1.08, or 2.4%, to settle at $46.23 a barrel on the New York Mercantile Exchange.
The settlement snapped a three-day losing streak. Prices had weaved in and out of the red earlier in the day, trading as low as $44.81 a barrel and as high as $46.55 a barrel.
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