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Oil prices rose in today's Asian trade, strengthening expectations that further output cuts by OPEC+ would push up quotes, which have been mostly downward in the past four weeks, BTA reported, citing Reuters.
Brent crude from the North Sea, which is a reference for Europe, rose 57 cents, or 0.7 percent, to $81.18 a barrel.
U.S. light crude added 51 cents to $76.40 a barrel.
Both contracts were up 4 percent on Friday after three OPEC+ sources told Reuters the organization was ready to consider whether to make further cuts to oil supply during its Nov. 26 meeting.
Oil prices have fallen by almost 20 percent since late September, while spreads for Brent and U.S. light crude last week have shifted into conflicto.
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