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Crude oil hits 6-week high

Crude oil hits 6-week high

Oil prices rose by more than 1.5%, reaching their highest levels in over six weeks. Brent crude reached $96, its highest point since June, while U.S. West Texas Intermediate crude increased to $88.27 after a 1.7% rise. This uptick is attributed to improved market conditions and a recovery in global demand for oil.

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