Oil prices increase amid global market trends
Oil prices rose today, as Brent crude futures increased by $1.05 or 1.25%, reaching $85.28 per barrel. U.S. West Texas Intermediate (WTI) crude futures also gained about $1.03 or 1.3%, reaching $79.98 per barrel. Both benchmarks have gained nearly 12% over the week, with Brent approaching its third consecutive weekly rise, and U.S. crude nearing its second weekly increase. This comes amid a continued rise in oil prices for the fourth straight day.
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