WIRE — Global crude oil prices rallied sharply on Friday, with both Brent and West Texas Intermediate, WTI, soaring by more than four percent. Market data showed that Brent crude rose 4.19 per cent to $87.76 per barrel, while WTI crude advanced 4.12 per cent to $82.20 per barrel. The strong rebound pushed Brent closer to the Fuel price: Global oil prices climb to over 4 per cent
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