Oil set for weekly loss despite gain on OPEC+ output decision

Oil set for weekly loss despite gain on OPEC+ output decision

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Oil prices rose on Friday after the OPEC+ group’s decision to keep its production policy unchanged, but benchmarks remained on track for weekly losses on China demand growth fears. Brent crude futures were up 50 cents, or 0.6 per cent, at $79.20 a barrel by 1001 GMT and U.S. West Texas…

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