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Urgent: Oil prices jump despite rising U.S. inventories

Xinhua, October 29, 2015 Adjust font size:

Oil prices spiked Wednesday although data showed U.S. crude stockpiles added last week.

The West Texas Intermediate for December delivery moved up 2.74 U.S. dollars to settle at 45.94 dollars a barrel on the New York Mercantile Exchange, while Brent crude for December delivery increased 2.24 dollars to close at 49.05 dollars a barrel on the London ICE Future Exchange. Enditem