Markets > Commodities

Oil prices rise on moderating U.S. output

NEW YORK
2017-07-04 03:17

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Oil prices settled higher on Monday after data pointed to moderating U.S. output.

The West Texas Intermediate for August Delivery added 1.03 U.S. dollars to settle at 47.07 dollars a barrel on the New York Mercantile Exchange, while Brent crude for September delivery gained 0.91 dollars to close at 49.68 dollars a barrel on the London ICE Futures Exchange.

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