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Oil prices up slightly in thin holiday trading

Prices supported by disruptions to oil supplies in Nigeria, Iraq and plans by major producers to freeze output

Oil has climbed back this year on speculation that the global surplus will ease as US output declines and major producers including Saudi Arabia and Russia discuss capping output.


OIL prices climbed in thin Easter holiday trading on Monday, adding to gains in recent weeks as optimism holds that a production freeze among major producers may be implemented.

Brent crude futures were up 22 US cents at US$40.66 per barrel at 1250 GMT. Last week, the

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