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Oil prices settle higher, with Brent notching a fresh 2 1/2-year high

·3 min read
Oil prices settle higher, with Brent notching a fresh 2 1/2-year high

Oil futures close modestly higher on Thursday, with global benchmark Brent crude extending its rise to the highest price since October 2018, as investors gauge rising demand and mull the next output move by major crude producers.