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London, March 18 (QNA) – Oil prices rose by more than 3% at settlement on Tuesday, amid ongoing market volatility.
Futures for Brent crude climbed by $3.21, or 3.2%, to settle at $103.42 per barrel.
Meanwhile, West Texas Intermediate crude rose by $2.71, or 2.9%, to $96.21 per barrel.
The gains come as global energy markets continue to react to supply concerns and geopolitical developments affecting production and transportation routes. (QNA)