Oil prices rise after bigger-than-expected fall in U.S. inventories

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Oil prices rise after bigger-than-expected fall in U.S. inventoriesOil prices climbed on Thursday after an industry report showed a decline in U.S. crude inventories that exceeded analyst expectations. U.S. West Texas Intermediate (WTI) crude futures were up 19 cents, or 0.3%, at $59 a barrel by 0023 GMT. Brent crude futures, the international benchmark for oil prices, were up 3 cents at $69.48 a barrel.


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