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U.S. oil price climbs on market sentiment

Xinhua, February 28, 2017 Adjust font size:

U.S. oil price ended slightly higher on Monday as investors showed record confidence that prices would go up further.

The West Texas Intermediate for April Delivery added 0.06 U.S. dollars to settle at 54.05 dollars a barrel on the New York Mercantile Exchange, while Brent crude for April delivery erased 0.06 dollars to close at 55.93 dollars a barrel on the London ICE Futures Exchange. Endit