Oil prices climb as OPEC+ stresses compliance with output cuts


NEW YORK, Sept. 17 (Xinhua) -- Oil prices advanced on Thursday as the Organization of the Petroleum Exporting Countries (OPEC) and its allies stressed importance of compliance with output cuts quotas.

The West Texas Intermediate for October delivery rose 81 cents to settle at 40.97 U.S. dollars a barrel on the New York Mercantile Exchange, while Brent crude for November delivery climbed 1.08 dollars to 43.30 dollars a barrel on the London ICE Futures Exchange.

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