Oil set to rise for a third straight week on strong Chinese economic data

Oil set to rise for a third straight week on strong Chinese economic data

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Oil prices rose on Friday and are set for a third weekly gain, as better-than-expected Chinese economic data and reports of record oil consumption bolstered the view that demand in the world’s second-largest crude consumer will continue to surge. Brent crude futures rose 65 cents, or 0.7 per cent,…

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