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May 13, 2025 9:33 PM

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Oil prices rise but gains capped

Oil prices rose today. However, gains were capped as traders assessed whether the pause in US and China trade war will lead to a long term deal. Brent Crude was trading over 0.8 per cent up at 65 dollars and 52 cents per barrel. WTI Crude was trading one per cent up at 62 dollars and 57 cents per barrel, when reports last came in.