Oil prices rose today after a sharp decline in the previous trading session. Brent crude futures gained 24 cents, or 0. 38 percent, to reach US$78. 15 per barrel, while US West Texas Intermediate crude rose 33 cents, or 0. 46 percent, to $74. 19 per barrel as of 00: 26 GMT. Prices had fallen by more than 3. .
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