Oil price exceeds $55 after 16 months

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# 11:53
5 December 2016

At London’s Intercontinental Exchange (ICE), the price of Brent crude oil increased $0.60 to $55.06.

 

The price exceeded $55 for the first time after 16 months. The rise was caused by OPEC deal.  

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THE OPERATION IS BEING PERFORMED