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Oil market gains on China data

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London (AFP) Dec 10, 2012

World oil prices rose on Monday as traders digested a raft of upbeat economic data in top energy consumer China, ahead of an OPEC oil output meeting later in the week, dealers said. Brent North Sea crude for January added 65 cents to $107.67 per barrel in late afternoon deals in London. New York's main contract, light sweet crude for delivery in January, or West Texas Intermediate (WTI), Reported by Energy Daily 3 hours ago.

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