Oil prices climb to another 3-year high
Oil prices climbed Thursday to again settle at their highest in about three years, buoyed by a bigger-than-expected drop in weekly U.S. crude inventories and production concerns tied to protests in Iran. February West Texas Intermediate crude rose 38 cents, or 0.6%, to settle at $62.01 a barrel on the New York Mercantile Exchange. That was the highest most-active futures contract settlement since December 2014, according to FactSet data.
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