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Oil prices march to biggest weekly gain in months as Middle-East tensions dominate

Updated : September 20, 2019 08:38:04 IST

Oil prices were on track for a more-than-7 percent jump this week, their biggest in months, as early trading on Friday saw gains extended on fresh tensions in the Middle East after a key Saudi Arabian supply hub was knocked out in an attack last weekend.
Brent crude is on track to rise about 7.7 percent this week, the biggest weekly gain since January.
US West Texas Intermediate (WTI) crude futures were up 66 cents to $58.79 a barrel, set to post a 7.1 percent gain for the week, the largest weekly rise since June.
Published : September 20, 2019 08:22 AM IST

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