Oil prices rise, Brent nears $100

Oil Prices Rise, Brent Nears $100

Oil prices rose for a fourth consecutive session, gaining more than US$1 in early trading on Wednesday. Brent crude futures rose $1.57, or 1.6%, to $99.49 per barrel by 00:01 GMT, while US West Texas Intermediate (WTI) crude gained $1.60, or 1.72%, to $94.63 per barrel.

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