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OPEC oil gains 0.98 dollars after 5-day fall
Aug 18, 2010, 8:51 GMT
Vienna - The Organization of the Petroleum Exporting Countries (OPEC) said Wednesday that its oil price rebounded to rise 0.98 dollars the day before, ending a 5-day decline.
OPEC's basket price rose to 73.25 dollars per barrel (159 litres) on Tuesday, as US stock indices posted their largest gain in two weeks.
The group's 12 member countries produce over a third of the world's crude oil supply.
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