Oil Rebounds After Rick Perry Rules Out Tapping Strategic Crude
A worker places a protective cap on the thread of an oil pipe section at a drilling rig in an oilfield. (Photographer: Andrey Rudakov/Bloomberg)

Oil Rebounds After Rick Perry Rules Out Tapping Strategic Crude

(Bloomberg) -- Crude erased most of the day’s losses after U.S. Energy Secretary Rick Perry said the nation’s strategic oil reserves won’t be tapped to expand global supplies.
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