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Oil prices determined to stay within $80 after Saudi announces Dec. supply cut — Newsverge
Oil prices rose by about one per cent on Monday after top exporter, Saudi Arabia, announced a cut in supply for December. International benchmark Brent crude oil futures were at 71.11 dollars per barrel at 0051 GMT, up by 93 cents, or 1.3 per cent from their last close. U.S. West Texas Intermediate (WTI) crude …