Oil advances on Merkel talk

Note: This section contains information in English only.
Source: Bloomberg
Oil increased as German Chancellor Angela Merkel announced the country is ready to support Greece's government as it undertakes essential steps to deal with its economic woes, discouraging critics who claim Greece's exit from Eurozone. October-delivery crude surged 0.4% to $96.61 per barrel in New York. October-settlement Brent oil gained 4 cents to $115.05 per barrel in London.

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