Oil futures end higher on signs of economic recovery and progress on a U.S. aid package

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Oil futures finished higher on Thursday, with a fall in U.S. jobless claims boosting expectations for an economic recovery and progress toward another round of coronavirus aid among U.S. lawmakers helping to ease worries about energy demand. Meanwhile, Russian President Vladimir Putin said his country has not ruled out delaying OPEC+ production increases that are set to be implemented in January, Bloomberg News reported Thursday, providing further support for oil prices. December West Texas Intermediate crude rose 61 cents, or 1.5%, to settle at $40.64 a barrel on the New York Mercantile Exchange.
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