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Oil prices stabilize post decline

Oil prices stabilize post decline

Oil prices are covering after a sharp decline, as Brent crude futures settled at $95.24 per barrel after a 0.22% drop, while U.S. West Texas Intermediate (WTI) crude recorded $92.94 after decreasing by 0.11%. Despite this, both grades are heading towards their first weekly gains in three weeks, with an increase of more than 6% since the beginning of the week.

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