Oil Nears 30 Month High

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  • 6 years ago
SINGAPORE (Reuters) - Oil prices were stable on Tuesday, with Brent crude lingering near 2015 highs on the back of an outlook for healthy demand amid ongoing production cuts led by OPEC and Russia. U.S. West Texas Intermediate (WTI) crude futures CLc1 were at $58.52 a barrel at 0650 GMT, up 5 cents from their last settlement.

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