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Oil rose higher Friday as selling pressure from a six-month price rout eased for a second time this week on short covering, helped by fresh buying in U.S. crude before the expiry of the front-month contract.Brent is down nearly 14 percent and WTI has shed nearly 16 percent in December, and both have lost some 50 percent since their June highs.WTI's January contract, which expires at Friday's settlement, was up $1.64 to $55.75 a barrel after hitting a session high at $56.25 . The February contract, which becomes WTI's front-month from Monday, was up $1.71 at $56.07 .
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