Brent crude hits $113.75
Oil prices rose today, with Brent crude futures reaching $113.75 per barrel, up by 0.5%. Meanwhile, West Texas Intermediate (WTI) increased to $100.13, gaining 0.7%. This comes amid ongoing oil price growth and expectations of continued market recovery, despite a decline in gold prices that is heading toward its largest weekly drop in over four months, driven by rising oil prices and strong U.S. economic data.
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