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Oil rises after Saudis deny report of OPEC provide enhance

Oil rises after Saudis deny report of OPEC supply increase Brent crude futures rose 17 cents, or 0.2%, to $87.62 by 0007 GMT. U.S. West Texas Intermediate (WTI) crude futures for January started buying and selling Tuesday, rising 7 cents, or 0.1%, to $80.11 a barrel.