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Crude jumps on global energy crunch; U.S. oil at 7-year high

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Oil prices rose 2% on Monday, extending multiweek gains as an energy crisis gripping major economies shows no sign of easing amid a pick up in economic activity and restrained supplies from major producers.

#Oil #CrudeOil #OilPrice #GlobalEnergyCrunch #Energy #Economy #News #Reuters

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World
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