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U.S. crude oil prices top $90 a barrel
Oil prices surged on Thursday, with U.S. crude surpassing the $90 per barrel mark, fueled by mounting expectations of a tightening supply.
West Texas Intermediate (WTI) crude advanced by 1.6%, reaching a peak of $90.04 per barrel, marking its highest level since November 2022.
Brent crude followed suit, rising by 1.7% to $93.47 per barrel, hitting a 10-month high. WTI crude’s most recent trade settled at $90.02 per barrel, CNBC reported.
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