Oil rises, nearly $65 a barrel - CNNMoney.com

Oil rises, nearly $65 a barrel OPEC decision to hold daily production quota at 25 million barrels and a government report showing falling crude supplies support rising oil prices.

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NEW YORK (CNNMoney.com) -- Oil held above $64 Thursday after OPEC decided to leave the group's crude production unchanged and an inventory report showed falling supply. Light, sweet crude for July delivery was up $1.25 to $64.70 a barrel at 11:55 a.m. ET. Oil has settled above $60 for five days in a row.

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