December West Texas Intermediate crude CLZ5, -0.37% climbed $2.74, or 6.3%, to settle at $45.94 a barrel on the New York Mercantile Exchange. That was the highest settlement since Oct. 20, and its best point and percentage gain since Aug. 31. December Brent crude LCOZ5, -0.37% rose $2.24, or 4.8%, to $49.05 a barrel on London’s ICE Futures exchange.
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