Oil rose on Wednesday, firming its ground near a 10-month peak reached during trading a day earlier, as the market balanced supply concerns over Libya output and OPEC+ cuts with global macroeconomic headwinds.
The international benchmark Brent futures rose 17 cents, or 0.2%, to $92.23 a barrel by 0441 GMT, while U.S. West Texas Intermediate (WTI) crude climbed 21 cents, also 0.2%, to $89.05 a barrel.
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