Oil prices keep rising on output freeze optimism
Exploration and Production
New York - XINHUA
Oil prices rallied for a fourth straight session Tuesday, amid speculation that the talks of Organization of the Petroleum Exporting Countries next month could result in a crude output freeze.
The West Texas Intermediate for September delivery added 0.84 U.S. dollar to settle at 46.58 dollars a barrel on the New York Mercantile Exchange, while Brent crude for October delivery gained 0.88 dollar to close at 49.23 dollars a barrel on the London ICE Futures Exchange.
Source : XINHUA
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