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Oil climbs on prospects of wider MidEast war, ample supply caps gains

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Oil prices rose on Thursday as the prospect of a widening Middle East conflict that could disrupt crude oil flows from the key exporting region overshadowed a stronger global supply outlook. Brent crude futures LCOc1 were up 94 cents, or 1.27%, to $74.84 a barrel at 0615 GMT. U.S. West Texas Intermediate crude futures CLc1 ...

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