Oil jumps 3% and Brent records $90.85 per barrel

Singapore, July 20, WAM/ Oil prices jumped by more than three percent in early Asian transactions, and Brent crude oil exceeded $90 per barrel.

Brent crude futures jumped $2.75, or 3.12 percent, to $90.85 per barrel. West Texas Intermediate crude futures increased $2.56, or 3.10 percent, to $85.05 per barrel.

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