00:41 GMT16 January 2021
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    MOSCOW, (Sputnik) - Global oil market continues rally, and the price of Brent crude exceeded $52 per barrel for the first time since March 5, according to trading data.

    As of 15:12 GMT, the price of February futures for the North Sea Brent crude was up 1.03 percent to $52.03 per barrel, while January futures for WTI were rising by 1.18 percent to $48.94 per barrel.

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