Rising Oil Prices | Express TV

Rising Oil Prices | Express TV

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Price Increase in Oil

Global oil prices recorded an increase on Wednesday, rising by more than one percent.

Futures prices for Brent crude climbed by 70 cents, or 1.2 percent, reaching $59.62 per barrel.

Meanwhile, West Texas Intermediate crude rose by 73 cents, or 1.3 percent, to $56.

Oil prices had dropped at closing on Tuesday to their lowest level since February 2021.

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