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Oil price boosted by Wall Street gains

Surging US crude production may undermine Opec supply cut efforts

Oil price: Brent crude futures rose 68 cents to settle at $61.32 a barrel
Oil price: Brent crude futures rose 68 cents to settle at $61.32 a barrel
  • Reuters
Published 16 January 2019, 23:21Updated 16 January 2019, 23:21
Wall StreetUS West Texas IntermediateWest Texas IntermediateOpecUS Energy Information Administration