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An oil explorer just made one of the biggest discoveries in the history of Alaska (USO, WTI, OIL)

Caelus Energy may have discovered an oilfield that could be the biggest ever in Alaska. In a press release on Tuesday the independent exploration and production company said the site could provide up to 200,000 barrels of "light, highly mobile oil" per day. In total the site is expected to provide 6 billion to 10 billion barrels of oil of which about 2.4 billion are recoverable.
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