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Oil Rises as Investors Bet on Tighter Supply

Singapore, Oil prices rose on Monday, adding to recent gains amid expectations of tighter supply from OPEC+ cuts and as upbeat Chinese manufacturing data supported outlooks for improving demand.

Brent crude rose 29 cents, or 0.3%, to $87.29 a barrel.

US West Texas Intermediate crude was at $83.48 a barrel, up 31 cents, or 0.4%.

Source: Qatar News Agency

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