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2021 June 16   09:45

Oil prices rise on reduction of US reserves

Oil prices rose by 0.83%-0.88%

As of June 16 (07:37, Moscow time), Brent Crude futures for August delivery rose by 0.88% to $74.64 a barrel.

Light Sweet Crude (WTI) futures for July delivery on the New York Mercantile Exchange rose by 0.83% to $72.71 a barrel.

Oil prices increase driven by information about the reduction of US reserves.

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