Oil Prices Increase as Brent Surpasses $101 Per Barrel

Abu Dhabi:Oil prices rose on Wednesday, with Brent crude futures gaining 93 cents, or 0.92 percent, to reach $101.51 per barrel by 00:22 GMT.

According to Emirates News Agency, US West Texas Intermediate crude also experienced an increase, rising 82 cents, or 0.92 percent, to $90.25 per barrel.

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