Two local oil purchasers have increased the price they will pay for Penn grade crude oil. Effective Thursday, American Refining Group and Ergon Oil Purchasing increased their price by $0.27 to $64.70.

BEIJING: Oil prices edged up on Wednesday on signs of near-term supply tightness but remained near their lowest in two weeks a day after OPEC downgraded its forecast for global oil demand growth in ...

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