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Seoul — Oil prices rose for a second day on Tuesday on expectations that central banks are likely to enact financial stimulus to offset the impacts of the coronavirus outbreak and growing optimism that the Organisation of the Petroleum Exporting Countries (Opec) will order deeper output cuts.

Brent crude rose $1.26 a barrel, or 2.4%, to $53.16 a barrel by 4.10am GMT. US West Texas Intermediate (WTI) rose $1.24, or 2.7%, to $47.99 a barrel...

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