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Crude prices rise amid shrinking output

Xinhua, April 23, 2016 Adjust font size:

Oil prices gained Friday as data showed U.S. crude output continued to contract.

The West Texas Intermediate for June delivery moved up 55 cents to settle at 43.73 dollars a barrel on the New York Mercantile Exchange, while Brent crude for June delivery increased 58 cents to close at 45.11 dollars a barrel on the London ICE Futures Exchange. Endit