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January 22, 2025 6:45 PM

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Oil prices surge today

Oil prices rose today, amid softening of the dollar and as traders assessed President Donald Trump’s proposed tariffs. Brent Crude was trading over 0.2 percent up at 79 dollars and 51 cents per barrel, and WTI Crude also added almost 0.3 percent to trade at around 76 dollars and five cents per barrel, when reports last came in.