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Oil prices rise as investors take stock of economic hit from coronavirus

Updated : January 29, 2020 08:09 AM IST

Brent crude rose 33 cents, or 0.6 percent, to $59.84 a barrel by 0103 GMT or 06:33 am.
US crude was up 31 cents, or 0.6 percent, at $53.79 a barrel.
OPEC wants to extend oil production cuts until at least June from March.

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