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NDP - Oil prices settle ~2% higher but off session highs
Tortoise Energy Independence Fund Inc.
Crude oil prices settled higher but well off earlier 5% gains, as OPEC's announced 1.2M bbl/day production cut is roughly in line with expectations heading into the group's meeting; WTI +2.2% to $52.61/bbl, Brent +2.7% to $61.67/bbl.
More news on: The United States Oil ETF, LP, Energy Select Sector SPDR ETF, iPath S&P Crude Oil Total Return Index ETN, Energy stocks news, Commodities news, News on ETFs,