Oil heads for 2% weekly gain on tight U.S. supply, China demand

Oil heads for 2% weekly gain on tight U.S. supply, China demand

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Oil prices edged higher on Friday, and were headed for a gain of 2 per cent for the week, driven by tight U.S. supply and expectations of strong fuel demand in China during the Golden Week holiday. Front-month Brent November futures were up 42 cents, or 0.44 per cent, to $95.80 per barrel at 0943…

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