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UCO - Oil prices rise as OPEC said to weigh deeper production cuts
ProShares Ultra Bloomberg Crude Oil
Crude oil futures (USO+1.2%) close higher, helped by a report that major oil producers will consider deeper production cuts when they meet in December; December WTI, the new front-month contract, settled +1.8% at $54.48/bbl, December Brent +1.3% to $59.70/bbl.
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