2/21/2012 3:15:00 PM
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Larry Smith/Trans Pixs
Oil closed at a nine-month high over $105 a barrel on Tuesday, after finishing every trading day last week over $100, Bloomberg reported.
Crude futures rose $2.64 to as finish at $105.88 a barrel in pre-market trading on the New York Mercantile Exchange, Bloomberg said.
That was the highest Nymex closing since May 4 last year. Oil had not closed over $100 in every day of a five-day week since late April.
Oil finished last weekâ€™s trading at $103.24 a barrel. The Nymex was closed Monday for the Presidentsâ€™ Day holiday.
The Department of Energy will release its weekly survey of diesel and gasoline pump prices Tuesday afternoon in Washington, because of the holiday Monday.
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