Oil prices jump amid increasing demand

| Wednesday, November 4, 2015 - 09:44
First Published |
Oil Prices

Oil prices jump amid increasing demand

New York: Oil prices surged on Tuesday as market expected US refiners to consume more crude after maintenance season.
The West Texas Intermediate for December delivery moved up $1.76 to settle at $47.9 a barrel on the New York Mercantile Exchange, while Brent crude for December delivery increased $1.75 to close at $50.54 a barrel on the London ICE Futures Exchange. 

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