Oil futures rocketed higher on Tuesday, with slowing inùation in the US helping bolster underlying bullish factors and market sentiment. In London, Brent crude for February delivery gained 69￠ to settle at $80.68 per barrel. In New York, January West Texas Intermediate (WTI) on Nymex closed up $2.22 at $75.39/bbl. The Consumer Price Index (CPI) showed that US inùation was at 7.1% year to year in November, below consensus expectations.
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