(Oct 2): Crude oil prices are trading near a 52- week high, after a steady climb in the past few weeks. The November contract for Brent crude hit a oneyear high of US$59.02 a barrel on Sept 25. It closed at US$57.90 on Sept 27. The equivalent contract for West Texas Intermediate crude traded at US$52.14 per barrel — 4.2% below the one-year high of the US$54.45 it hit on Feb 23.

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