Cold weather helps push price of oil to 13-month high

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Frigid temperatures across swaths of the U.S. injected new momentum into the rally in energy markets, putting West Texas Intermediate crude on course to settle above $60 a barrel for the first time since the early days of the COVID-19 pandemic, bucking oil recovery predictions. WTI crude futures gained 1.8% to hit $60.53 a barrel

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