Crude oil climbed above $93 a barrel for the first time, extending this month's gain to 16 percent, after Mexico shut down a fifth of its production because of a storm and the dollar fell to a record low. Petroleos Mexicanos, the state-owned oil monopoly and third-largest supplier of crude to the U.S., halted output of about 600,000 barrels a day.
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1-21-2025
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