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WTI-Brent Spread Narrowed on Potential Production Increase

Commodities continued to rise ahead of the US session. Brent crude contract recovered after the decline yesterday. The WTI-Brent crude spread also narrowed amid news of Seaway pipeline extension. Gold price climbed for the first time in 3 days amid hopes on the resolution for the fiscal cliff.

Originally posted here:
WTI-Brent Spread Narrowed on Potential Production Increase

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