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Oil Prices Finish Higher on OPEC+ Commitment

M. Ali 18 September, 2020 12:16 am Commodities, Market Update

Oil prices closed higher on Thursday, after OPEC+ expressed the importance of commitment to the output cuts.

Brent crude futures for November delivery increased by $1.08, or 2.6%, and settled at $43.30 per barrel.

The West Texas Intermediate (WTI) futures for October delivery finished higher by 81 cents, or 2%, at $40.97 per barrel.

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