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Thursday, 24 October 2013

Oil prices rise in Asian trade


SINGAPORE: Crude prices rose in Asian trade Friday on encouraging US corporate earnings, but analysts warned that worries over demand in the world's top oil-consuming nation would cap further gains.

New York's main contract, West Texas Intermediate (WTI) for delivery in
December, was up 10 cents at $97.21, while Brent North Sea crude for December gained eight cents to $107.07.

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