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Oil Prices Hit Four-Month HighNew York, 29 Jan (ONA) – Oil prices to their highest levels since late September, extending gains amid strong monthly performance. Brent crude futures settled up 83 cents, or 1.23%, at $68.40 a barrel, while US West Texas Intermediate crude gained 82 cents, or 1.31%, to close at $63.21 a barrel. Both benchmarks are on track for their largest monthly percentage increase since July 2023. Brent crude is expected to post a monthly rise of around 12%, while WTI is set to gain roughly 10%, reflecting improved market sentiment and tighter supply expectations. —Ends/AG
