Oil Rises by Over 1%, With Brent Reaching $88.52 Per Barrel

Abu dhabi: Crude oil prices climbed over 1% to settle higher on Friday. Brent futures gained $1.45, or 1.67%, to settle at $88.52 a barrel, while US West Texas Intermediate (WTI) finished at $82.40 a barrel.

According to Emirates News Agency, the increase in oil prices reflects ongoing market dynamics. The rise in Brent and WTI prices comes amid fluctuating demand and supply conditions in the global oil market.

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