NEW YORK, May 13 (Xinhua) -- Oil prices advanced on Friday as concerns over tighter supplies remain on the market.
The West Texas Intermediate for June delivery added 4.36 U.S. dollars, or 4.1 percent, to settle at 110.49 dollars a barrel on the New York Mercantile Exchange. Brent crude for July delivery increased 4.1 dollars, or 3.8 percent, to close at 111.55 dollars a barrel on the London ICE Futures Exchange.
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