Oil Updates — crude prices rise as supply tightness in focus 

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RIYADH: Oil costs climbed on Thursday, recouping losses from the earlier session as provide tightness and expectations of stronger Chinese language demand overrode considerations about an financial slowdown. 

Brent crude futures superior 58 cents, or 0.7 p.c, to $83.50 barrel by 09:49 a.m. Saudi time, whereas US West Texas Intermediate crude rose to $79.42, up 60 cents, or 0.8 p.c, heading towards their highest since April 19. 

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