Oil prices settle up in low volume on US holiday


Brent crude futures settled up 21 cents, or 0.2%, at US$63.34 a barrel. US West Texas Intermediate crude futures were up 45 cents, or 0.8%, at US$59.10 a barrel by 1:46 p.m. ET (1846 GMT).

NEW YORK/LONDON: Oil prices rose on Thursday as market participants weighed the likelihood that talks to end the war in Ukraine will yield an agreement, with trading volume thin due to the Thanksgiving holiday in the US.

Brent crude futures settled up 21 cents, or 0.2%, at US$63.34 a barrel. US West Texas Intermediate crude futures were up 45 cents, or 0.8%, at US$59.10 a barrel by 1:46 p.m. ET (1846 GMT).

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