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Oil remains near 2015 highs on tight outlook

Brent, WTI hit highest levels since mid-2015; jumps were fuelled by pipeline outages in Libya and North Sea


OIL prices on Wednesday remained near 21/2-year highs from the previous session as the market outlook for 2018 is relatively tight, although the gradual resumption of flows through a major North Sea pipeline prevented crude from rising.

US West Texas Intermediate (WTI)...