Brent crude futures were last up 78 cents, or 0.9 per cent, to $85.85, having earlier hit $85.89, a high not seen since May 1. US West Texas Intermediate (WTI) futures for July, which expire on Thursday, gained 70 cents, or 0.9 PER CENT, to $82.27. There was no WTI settlement on Wednesday because of a US public holiday, which kept trading largely subdued.
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