Oil prices move up ahead of US labour data and oil rig count

Source: Marketwatch
Crude oil was trading in positive territory after considerable losses made in the previous session, with the bearish sentiment still driven by the global excess of supply. Futures for WTI for December delivery rose $0.34 to trade at $45.54 per barrel, while Brent futures for December delivery climbed up $0.27 trading at $48.25 per barrel. Prices for the two benchmarks fell about 40% compared to a year ago. 

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