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Brent crude climbed above $60 a barrel for the first time in more than two years amid optimism that OPEC will extend its supply-restraint deal and indications that the situation between Iraq and the Kurds remains fragile. Futures were poised to cap their biggest weekly rally since July in London, and crude in New York increased to a six-months high. Brent for December settlement increased 65 cents to $59.95 a barrel at 10:46 a.m. New York time on the London-based ICE Futures Europe exchange.
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