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Oil prices rose today by 1 percent.
Reuters reported that Brent crude futures rose 88 cents, or 1 percent, to $88.51 a barrel, the highest level since November 18, and West Texas Intermediate crude futures rose 76 cents, or 0.93 percent, to $82.40.
Brent crude rose last week by 2.8 percent, while US crude rose 1.8 percent.
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