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Oil prices climb to nine-month high after inventory draw

Updated : December 17, 2020 02:07 PM IST

Brent crude futures rose 72 cents, or 1.4 percent, to $51.80 a barrel at 0744 GMT
U.S. West Texas Intermediate (WTI) crude futures rose by 71 cents, or 1.5 percent, to $48.53 a barrel.
Both benchmarks hit their highest since early March.
Oil prices climb to nine-month high after inventory draw

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