Brent oil rises to $94.01 per barrel for first time since July 24 – UPDATED

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Global oil prices accelerated their gains to 2.5%, with the price of a barrel of Brent reaching $94.01 for the first time since July 24, according to the trading data, cited by Report.

Later in the session, the price of October Brent futures edged down to $93.93 per barrel.

Meanwhile, October WTI futures rose 2.45% to $86.46 per barrel.

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