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CRUDE OIL NEWS UPDATED BY ROYALTRADERS

Oil costs ascend in the midst of Gulf of Mexico storm, Middle East strains

Oil costs floated close to six-week highs on Friday and was on track for a week by week gain as U.S. oil makers in the Gulf of Mexico cut the greater part their yield as a result of a hurricane and as strains kept on stewing in the Middle East.
Brent unrefined (LCOc1) prospects were up 57 pennies, or 0.9%, at $67.09 per barrel by 0642 GMT. The universal benchmark settled down 0.7% on Thursday in the wake of hitting its most noteworthy since May 30 at $67.65.

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