Oil set for 2% weekly gain on China holiday demand, tight US supply

Oil set for 2% weekly gain on China holiday demand, tight US supply

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Oil prices were set for a weekly gain of around 2% after regaining ground on Friday as strong holiday demand from China and persistently tight U.S. fundamentals outweighed expectations of possible supply increases from Saudi Arabia. November futures which expire on Friday rose 5 cents to $95.43…

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