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Oil Closes Higher for First Time in Four Days

M. Ali 21 October, 2020 12:48 am Commodities, Market Update

Oil prices rose on Tuesday, after recording earlier losses, to record its first rise after three consecutive declines.

Brent crude futures for December delivery settled higher by 54 cents, or 1.3%, at $43.16 per barrel.

Meanwhile, the US West Texas Intermediate (WTI) crude futures for December delivery gained 64 cents, or 1.6%, and finished at $41.70 per barrel.

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