Crude oil price pumps above key technical barrier - Crude oil - TopicsExpress

Crude oil price pumps above key technical barrier - Crude oil futures cleared the key technical barrier of $100-a-barrel level overnight to finish at their highest level in more than a week after U.S. data showed crude inventories unexpectedly fell back from a record level.Crude oil for June delivery gained 1.3% to finish at US$100.77 a barrel on the New York Mercantile Exchange. Prices havent settled above US$100 or closed at a level this high since April 29.Nationwid... ow.ly/2GrGcV

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