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New York / London (dpa) - Oil prices rose sharply on Thursday.

A barrel (159 liters) of the North Sea Brent cost 64.05 US dollars last.

That was $ 1.31 more than the day before.

The price of a barrel of the US WTI variety rose by $ 1.35 to $ 59.51.

The focus is on a meeting of the Opec + oil network on production policy.

During the course of the day, the countries around Saudi Arabia and Russia united in Opec + will discuss their future production.

For a long time, funding has been capped by resolutions of the association due to the weak demand caused by the corona.

It is considered likely that initially little or nothing will change in overall production.

Oil prices are also being supported by the prospect of new stimulus measures in the US.

Among other things, President Joe Biden plans to renew the infrastructure and create millions of jobs over the next eight years.

The investments correspond to about ten percent of the annual US economic output.

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© dpa-infocom, dpa: 210401-99-55012 / 3