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Urgent: Oil prices gain on positive demand forecast

Xinhua, May 13, 2015 Adjust font size:

Oil prices surged Tuesday as OPEC raised demand forecast in its monthly report.

Light, sweet crude for June delivery jumped 1.5 dollars to settle at 60.75 U.S. dollars a barrel on the New York Mercantile Exchange, while Brent crude for June delivery rose 1.95 dollars to close at 66.86 dollars a barrel. Endite