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Oil gains, driven by U.S. unrefined, as retreat stresses ease

Oil costs ascended on Wednesday, with U.S. rough picking up 1% after an industry report indicated stores in the United States, the world’s greatest oil client, fell more than anticipated, facilitating stresses over monetary development because of the China-U.S. exchange war.

Brent rough fates (LCOc1) climbed 42 pennies, or 0.7%, to 59.93 a barrel by 0220 GMT. West Texas Intermediate (WTI) unrefined fates (CLc1) increased 56 pennies, or 1%, to $55.49 a barrel.

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