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NEW YORK, Oct. 9 (Xinhua) -- Oil prices rose on Monday, as the Organization of Petroleum Exporting Countries (OPEC) signals the possible extension to output cuts.
The West Texas Intermediate for November delivery increased 0.29 U.S. dollars to settle at 49.58 dollars a barrel on the New York Mercantile Exchange, while Brent crude for December delivery rose 0.17 dollars to close at 55.79 dollars a barrel on the London ICE Futures Exchange. Enditem
