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Oil Prices Climb Over 1%, Brent Crude Reaches $97.05 Per Barrel

Dubai: Oil prices rose by more than 1% during early trading today, Wednesday, continuing their gains after reaching their highest levels in a week during the previous session.

According to Emirates News Agency, Brent crude futures increased by $1.05, or 1.09%, to reach $97.05 per barrel. Meanwhile, US West Texas Intermediate crude rose by about $1.01, or 1.08%, recording $94.77 per barrel.

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