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[size=30]With the New Year approaching, black gold prices are rising[/size]
23/12/2017 11:06 | Number of readings: 1
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Trend Press / Agencies
Crude oil prices rose in light trade, backed by pledges from Saudi Arabia, OPEC's biggest producer, and Russia, the largest producer outside the Organization, that any exit from the production cuts agreement would be gradual. "
Brent crude ended the day at $ 65.25 a barrel at $ 65.25 a barrel.
US benchmark WTI futures rose 11 cents to close at $ 58.47 a barrel.
Over the past two months, US crude has also hit levels not seen since mid-2015.
Oil prices have recovered in the past 12 months, supported by cuts in crude output by OPEC, Russia and other producers, helping to reduce the surplus in global stocks.
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