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Urgent: Oil prices rise on supply forecast

Xinhua, June 24, 2015 Adjust font size:

Oil prices gained Tuesday as market expected another drop of U.S. crude inventories.

Light, sweet crude for August delivery moved up 63 cents to settle at 61.01 U.S. dollars a barrel on the New York Mercantile Exchange, while Brent crude for August delivery increased 1.11 dollars to close at 64.45 dollars a barrel. Endite