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Oil Closes Mixed Following Inventory Report

M. Ali 10 December, 2020 12:47 am Commodities, Market Update

Oil prices ended Wednesday on a mixed note, following a surprise surge in crude inventories in the United States last week.

Brent crude futures for February delivery added 2 cents to close $48.86 a barrel.

Meanwhile, the West Texas Intermediate (WTI) futures for January delivery fell by 8 cents to finish at $45.52 per barrel.

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