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U.
West Texas Intermediate crude futures, the U.
Brent crude, the global benchmark, rose 5.
John Kilduff, partner at Reach Capital, said: "There is no respite
Both WTI and Brent surged above $100 on Thursday for the first time since 2014, sparking supply concerns in an already tight market
On Tuesday, members of the International Energy Agency announced plans to release 60 million barrels of oil reserves in a bid to ease a rise in oil prices