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Oil Prices up Boosted by expectation of Lower US Stocks.

Pulbished on:
Singapore, 27 May 2105(Lana) Crude futures rose about 1 percent on Wednesday to recover some ground after steep drops in the previous session, boosted by expectations that U.S. crude stocks could fall for a fourth straight week. July Brent crude rose 60 cents to $64.32 a barrel by 0651 GMT, while U.S. crude was up 75 cents at $58.78 a barrel, Reuters reported.