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Analysis: Warm start to US winter puts oil price rebound on ice

from Reuters

Until the recent chilly spell, the early weeks of this U.S. heating oil season were among the warmest on record. The United States just notched the warmest October since 1963 and the fourth warmest since nationwide record-keeping began in 1895, the National Oceanic and Atmospheric Administration said. The Northeast had the warmest October since 2007, according to the Regional Climate Center at Cornell University. November temperatures have also been well above the 30-year average, according to Thomson Reuters analytics. more


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