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. 
First Published | 4 November 2015 9:44 AM
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