Oil rose almost $2 on Thursday to finish the trading week at $103.31 a barrel, following an earlier report that , Bloomberg reported.
Crude futures rose $1.84 to $103.31 on the New York Mercantile Exchange, Bloomberg said. The Nymex and U.S. equities markets are closed for Good Friday.
Oil had settled at $101.47 a barrel Wednesday, the lowest price and first time crude has closed below $102 in seven weeks.
for the 10th straight week, the Department of Energy reported. DOE will release its next survey on Monday.
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