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Oil prices rebound amid geopolitical concern

Oil prices rose on Thursday amid geopolitical concern about anti-corruption crackdown in Saudi Arabia. The West Texas Intermediate for December…

Oil prices rebound amid geopolitical concern

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Oil prices rose on Thursday amid geopolitical concern about anti-corruption crackdown in Saudi Arabia.

The West Texas Intermediate for December delivery was up $0.36 to settle at $57.17 a barrel on the New York Mercantile Exchange, while Brent crude for January delivery rose $0.44 to close at $63.93 a barrel on the London ICE Futures Exchange.

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