Crude prices hit their highest level in over a year on Friday, closing in on $60 a barrel amid economic revival hopes and supply curbs by OPEC and allied producers.
International benchmark Brent was up 1.1 percent, at $59.52 as of 14:25 GMT, after hitting its highest since February 20 last year at $59.75. US West Texas Intermediate crude also grew more than one percent to above $57 per barrel, its highest since January 22 last year.
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