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Oil prices climb

Reuters

Oil prices gained on Tuesday due to fears that refineries could be hit by a storm brewing in the Gulf of Mexico, while buyers also drew relief from U.S. President Donald Trump’s return to the White House after being treated for COVID-19 in hospital.

US West Texas Intermediate (WTI) crude CLc1 futures were trading 36 cents, or nearly 0.9 percent higher at $39.58 a barrel at 0710 GM