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Oil prices jump $1 as recent sharp falls draw investors

Updated : March 17, 2020 08:31 AM IST

Brent crude was up by 1.5 percent, or 46 cents, to $30.51 a barrel by 0206 GMT or 7:36 am IST, after hitting a high of $31.25.
U.S. West Texas Intermediate (WTI) crude rose 3.2 percent, or 92 cents, to $29.62, having come off a high of $30.21.

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