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Oil prices ramped up in the international market on Thursday, buoyed up by a smaller-than-expected build in US crude stockpiles. Brent crude climbed 1.5%, to $51.91 per barrel. US WTI crude was priced 1.5% higher, at $47.47 per barrel. Meanwhile, Saudi Arabia and other OPEC+ members, yesterday, struggled to find support from Russia for additional cuts in oil production in a bid to prop up prices amidst coronavirus outbreak.
