Oil up on possible Russia cuts; inventories remain high

Oil up on possible Russia cuts; inventories remain high

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Oil prices extended gains for a second session on Friday as the prospect of lower exports from Russia offset rising inventories in the United States. futures rose 66 cents, or 0.8%, to $82.87 per barrel by 0715 GMT. West Texas Intermediate crude futures (WTI) rose 62 cents, or 0.8%, to $76.01. The…

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