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Brent futures hover near $90, pressured by rise in US crude inventories
Brent crude futures rose 84 cents, or 0.9%, to $89.76 a barrel by 11:38 a.m. ET (1538 GMT). U.S. West Texas Intermediate futures rose 76 cents, or 0.9%, to $85.91 a barrel. Both contracts were up more than a dollar during the session, before the U.S. Energy Information Administration reported a 3.2 million barrel increase in crude stocks.