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Oil May Rise Again to Records on Concern Middle East Conflict Will Spread

Crude oil may rise from a record next week on concern the growing conflict in the Middle East will disrupt shipments from the region.

Twenty of 34 analysts and traders surveyed by Bloomberg News, or 59 percent, said prices will rise. Five projected a decline and nine said futures will be little changed. Last week, 68 percent predicted an increase, the most bullish response in a year.

bloomberg



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