Oil prices climb as U.S. rig count drops


  • World
  • Saturday, 21 Nov 2020

NEW YORK, Nov. 20 (Xinhua) -- Oil prices advanced on Friday after data showed a drop in weekly U.S. oil-rig count.

The West Texas Intermediate for December delivery gained 41 cents to settle at 42.15 U.S. dollars a barrel on the New York Mercantile Exchange, while Brent crude for January delivery increased 76 cents to close at 44.96 dollars a barrel on the London ICE Futures Exchange.

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