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Oil prices rose on Wednesday. Brent crude rose 77 cents, to $41.30 a barrel, while U.S. WTI crude added 85 cents, to $39.13. Both contracts rose by more than 2% as 2%, as a hurricane closed U.S. offshore oil and gas production and U.S. crude inventories decreased. The storm-related shutdowns may help reduce stockpiles although refineries were also closed, cutting demand.
