Oil inches higher, but on track for big weekly decline
Brent crude rises 0.1%, but oil prices set to take a hit from rising global supply and uncertain future demand
01 November 2019 - 08:28
Tokyo — Oil prices edged up on Friday after a difficult week, but were still headed for losses of about 4%, hit by a combination of rising global supply and uncertain future demand.
US crude rose for the first time in four days, gaining 18c, or 0.3%, to $54.36 a barrel by 3.39am GMT. The contract was set for a weekly loss of more than 4%...
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