Oil Futures Mark First Gain In Three Sessions

By Markets MarketWatch Pulse

Oil futures finished higher on Tuesday, reclaiming the $50-a-barrel level as the Organization of the Petroleum Exporting Countries' Secretary General Mohammad Barkindo said that OPEC is determined to implement its plan to limit crude production. November West Texas Intermediate crude rose 35 cents, or 0.7%, to settle at $50.29 a barrel on the New York Mercantile Exchange.

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