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By Florence Tan SINGAPORE (Reuters) - Brent dipped on Wednesday but held above $60 a barrel, supported by a rise in Saudi crude prices and air strikes on oil facilities in Libya. In a move widely seen as showing Saudi Arabia's confidence about a recovery in demand, the OPEC kingpin raised the official selling prices (OSPs) for its oil deliveries to Asia and the United States on Tuesday. "This is a sign that prices have bottomed out because it means Saudi is confident in raising prices without being afraid of losing market share," said Tony Nunan, a risk manager at Mitsubishi Corp in Tokyo. In the past seven weeks, Brent crude has risen from a six-year low to hold above $60 a barrel despite continued concern about a global oversupply.
LOS ANGELES (AP) — Paris Hilton's youngest brother, Conrad, agreed to plead guilty to assaulting flight attendants on a trip from London to Los Angeles last year during which authorities say he called other passengers "peasants" and threatened to kill crew members.