Oil prices up ahead of meeting

OIL prices rose yesterday as Opec's crude-producing nations signalled that they would decide against making changes to output levels at a coming meeting.

OIL prices rose yesterday as Opec's crude-producing nations signalled that they would decide against making changes to output levels at a coming meeting.

New York's main futures contract, light sweet crude for January delivery, climbed 19c to 73,55 dollars a barrel.

Brent North Sea crude for February delivery advanced 78c to 74,53 dollars in midday London trading. - Sapa-AFP

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