You're reading: Reuters: Oil rises, but doubt over output deal tempers rally

Oil rose on Sept. 7 to pare some of the previous day's losses, partly thanks to a weaker U.S. dollar, but the limited likelihood of a near-term agreement among the world's biggest exporters to rein in production kept gains in check.

November Brent crude futures rose 50 cents to $47.76 a barrel by 1105 GMT, while U.S. crude futures gained 40 cents to trade at $45.23 a barrel.

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