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Oil prices rise 28 cents per barrel due to OPEC cuts
Oil prices rose on Wednesday, driven by OPEC's current production cuts and US sanctions on Iran and Venezuela.
By 0751 GMT, the benchmark Brent crude for $ 66.95 a barrel was up 28 cents, or 0.4 percent, from the previous close.
US West Texas Intermediate crude futures were $ 57.23 a barrel, up 36 cents, or 0.6 percent, from the previous settlement price.
Oil prices have been rising since the beginning of this year thanks to OPEC-led supply cuts.
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