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Oil climbs as US sanctions, stockpile forecasts, raise supply concernsOil climbs as US sanctions, stockpile forecasts, raise supply concerns

Oil prices rose on Friday after the U.S. tightened its sanctions programme against Russian crude exports, raising supply concerns in an already tight market, and global inventories are forecast to decline through the fourth quarter. Brent futures rose 36 cents, or 0.4%, to $86.36 per barrel and U.S. West Texas Intermediate (WTI) crude gained 53 […]