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Oil prices climb for second week, but supply concerns weigh on market

Oil prices climb for second week, but supply concerns weigh on market

Traders eye Iran, OPEC+ output as key factors ahead HOUSTON – Oil prices rose on Friday, marking their second straight weekly gain, as easing tensions between the US and China boosted investor confidence. However, expectations of increased global supply continue to put pressure on the market. Brent crude settled 88 cents higher at $65.41 per [...]

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