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Oil prices virtually unchanged

Oil prices remained little changed, lingering below two-year highs on Friday as the continuing outage of a North Sea pipeline and OPEC-led production cuts supported prices, while climbing U.S. output kept a lid on gains.
 
U.S. West Texas Intermediate (WTI) crude futures were up 14 cents at $57.18 a barrel. 
 
WTI hit a two-year high of $59.05 on November 24.


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