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Oil rises for first time in seven days

June 17, 2016

Via: CNBC

Crude oil prices rose in early Asian trade on Friday for the first time in seven days as markets took a breather from concerns about the impact of Britain’s possible exit from the European Union.

Brent crude futures were up 38 cents, or 0.8 percent, at $47.57 a barrel at 0143 GMT after slumping 3.6 percent in the previous session. The contract is on track to fall more than 5.5 percent for the week.

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