Oil Jumps To One-Month High as Harvey Concerns Ease 

Fox Business | Christopher Alessi

Oil prices are in recovery as oil demand has increased since Hurricane Harvey.

Oil prices gained Wednesday on renewed demand as refineries in the Gulf Coast restarted operations. The upswing in crude prices marked a swift reversal from last week, when prices had languished in the wake of Hurricane Harvey. The storm knocked out more than 20% of U.S. refining capacity, cutting demand for crude and weighing on prices.

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