Oil Rises on Refinery Blast

March 23, 2005

Oil prices rose on Thursday after a deadly explosion at the third largest refinery in the United States triggered worries over gasoline supplies ahead of the summer driving season. U.S. light crude settled up $1.03 to $54.84 a barrel, after falling more than $3.50, or 6 percent, in the previous two sessions.

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Oil Rises on Refinery Blast

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