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Urgent: Oil prices rise amid positive demand forecast

Xinhua, May 22, 2015 Adjust font size:

Oil prices gained Thursday as market expected rising demand will ease the supply glut.

Light, sweet crude for July delivery moved up 1.74 U.S. dollars to settle at 60.72 dollars a barrel on the New York Mercantile Exchange, while Brent crude for July delivery moved up 1.51 dollars to close at 66.54 dollars a barrel. Endite