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Oil prices rise

Oil prices rose on Thursday for a third day running as fears of supply disruption amid heightened tensions in the Middle East overshadowed swelling U.S. crude inventories. 
 
Brent crude futures were up $1.03 at $72.80 a barrel, heading for the biggest weekly rise in about three months.
 
U.S. West Texas Intermediate (WTI) crude futures were up 83 cents at $62.85.
 
Oil was drawing support from the risk of conflict in the Middle East, with helicopters carrying U.S. staff from the U.S. embassy in Baghdad on Wednesday out of apparent concern over perceived threats from Iran.


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