1,000 barrels of oil are generally included in a futures contract, with each barrel containing 55 gallons of oil. Most price speculators don’t have space to store 55,000 gallons of oil and are ...
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Closing prices for crude oil, gold and other commoditiesBrent crude for June delivery rose 49 cents to $89.50 per barrel. Wholesale gasoline for May delivery was unchanged at $2.76 a gallon. May heating oil was unchanged at $2.55 a gallon. May natural ...
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