Price movements of Brent crude oil and West Texas Intermediate crude on February 24.


Brent crude oil prices specifically rose by 48 cents, or 0.7%, reaching $71.97 per barrel. This is the highest trading price for this type of oil since July 31 of last year. Similarly, the futures contracts for West Texas Intermediate (WTI) also increased by 45 cents, or 0.7%, to $66.76 per barrel, marking the highest level since August 1.
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