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Brent oil climbs back above USD 100

Oil prices have been under pressure for the last two weeks, declining steadily due to fear of recession.

Photo: Patrick T. Fallon/AFP / AFP

by marketwire

Oil prices increase Thursday, and Brent is now back above USD 100 per barrel after a short price decline in the early morning hours Thursday to USD 98.95 before rising back above USD 100.

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