Oil prices rise on lower U.S. stocks, OPEC+ supply cuts
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LONDON (Reuters) - Oil prices rose slightly on Thursday, boosted by a decline in U.S. inventories, ongoing supply cuts from OPEC and its allies, and U.S. sanctions on Venezuela and Iran. Brent crude futures were at $71.89 a barrel at 1129 GMT, up 27 cents from their last close and near Wednesday's five-month high of $72.27 a barrel.U.S. West Texas Intermediate (WTI) crude futures were at $64 per barrel, up 24 cents. Both contracts traded slightly lower earlier in the day.U.S. crude inventories..