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Oil prices rise on bets OPEC+ will hold off output hike

Oil prices rise on bets OPEC+ will hold off output hike

30 Nov 2021

U.S. West Texas Intermediate (WTI) crude futures jumped 99 cents, or 1.4 per cent, to $70.94 a barrel at 0105 GMT, adding to a 2.6 per cent rise on Monday.