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Oil prices surge as supply concerns ease

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US crude inventories fell sharply, helping to alleviate concerns of over supply in the market and pushing prices higher on Wednesday.► Subscribe to FT.com here: http://on.ft.com/2eZZoLI► Subscribe to the Financial Times on YouTube: http://bit.ly/FTimeSubsFor more video content from the Financial Times, visit http://www.FT.com/videoTwitter https://twitter.com/ftvideoFacebook https://www.facebook.com/financialtimes

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