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Oil Finishes Higher Amid Output Disruptions

M. Ali 16 September, 2020 1:45 am Commodities, Market Update

Oil prices rose on Tuesday, amid output disruptions in North America, despite continuous concerns about the outlook for global demand.

Brent crude futures for November delivery increased by 92 cents, or 2.3%, and finished at $40.53 per barrel.

Meanwhile, the West Texas Intermediate (WTI) crude futures for October delivery added $1.02, or 2.7%, and settled at $38.28 per barrel.

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