Oil prices rise as output expectations fall

Source: Xinhua| 2017-07-12 03:17:42|Editor: huaxia
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NEW YORK, July 11 (Xinhua) -- Oil prices ended higher on Tuesday as government data showed U.S. oil production is expected to decline next year.

The West Texas Intermediate for August Delivery added 0.64 U.S. dollar to settle at 45.04 dollars a barrel on the New York Mercantile Exchange, while Brent crude for September delivery gained 0.64 dollar to close at 47.52 dollars a barrel on the London ICE Futures Exchange. Enditem

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