![Oil extends weekly gains, up about 1% as Red Sea tensions persist](https://cdn.newsserve.net/ONPglobe256.png)
Oil extends weekly gains, up about 1% as Red Sea tensions persist
Oil prices rose as much as 1 per cent on Friday as tensions persisted in the Middle East following Houthi attacks on ships in the Red Sea, although Angola’s decision to leave OPEC raised questions over the group’s effectiveness in supporting prices. Brent crude futures were up 92 cents, or 1.16…
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