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Today, oil prices rose by 3 percent.
Reuters reported that “West Brent crude futures rose by $ 2.38, or 3.03 percent, to $ 80.95 W per barrel, while US West Texas Intermediate crude recorded $ 76.13 a barrel, up $ 2.36, or 3.2 percent.
The recovery came after a drop last week of more than eight percent in the prices of the two benchmarks, in their biggest weekly decline at the start of a new year since 2016.
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