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Brent crude futures settled 1.39% higher at $92.76 per barrel on Thursday, a gain of $1.27 on the day. The move extends the benchmark's upward momentum, lifting the front-month contract further above the $90 level. The advance matters for inflation and energy-cost expectations, as higher crude prices can feed through to transport and input costs. Traders will watch whether the rally holds above $92 and whether upcoming inventory data and supply signals support further gains.

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