Oil prices rise amid tight supplies


NEW YORK, March 30 (Xinhua) -- Oil prices climbed on Thursday, boosted by supply tightness.

The West Texas Intermediate for May delivery rose 1.4 U.S. dollars, or 1.92 percent, to settle at 74.37 dollars a barrel on the New York Mercantile Exchange. Brent crude for May delivery increased 99 cents, or 1.26 percent, to close at 79.27 dollars a barrel on the London ICE Futures Exchange.

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