Brent, US crude futures climb over 2% as OPEC cuts expected

Brent crude futures were up $2.19 to $82.80 a barrel by 10:32 a.m. CT (1632 GMT). U.S. West Texas Intermediate crude was up $1.98, or 2.6% at $77.87. The front-month December WTI contract expires later on Monday. The more active January futures gained $2.12 to $78.16, up 2.79%.

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