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Oil prices rose today, Wednesday, with Brent crude reaching $101.51 per barrel after an increase of 0.92%. Meanwhile, U.S. West Texas Intermediate crude traded at $90.25 per barrel, also up by a similar margin. This increase comes amid ongoing tensions in the Middle East affecting energy markets. It marks one of the largest monthly gains since July, with expectations of further rises in oil prices due to concerns over global oil supplies.
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