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Urgent: Oil prices rally on falling Cushing supplies

Xinhua, April 30, 2015 Adjust font size:

Oil prices jumped Wednesday as inventories at Cushing, Oklahoma, the delivery point for the U.S. contract dropped.

Light, sweet crude for June delivery moved up 1.52 U.S. dollars to settle at 58.58 U.S. dollars a barrel on the New York Mercantile Exchange. Endite