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Oil price news: oil advances as U.S. stockpile decline signals tighter market

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Oil climbed after government data showed a decline in U.S. stockpiles, signaling a tighter physical market.

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Oil price news: Oil holds near five-month high as traders tout tighter marketOil traded near a five-month high amid simmering tensions in the Middle East and as energy traders struck a bullish note at a conference in Europe.
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