Oil climbs for third consecutive week
Brent crude futures rise as Opec urges some members to slash output
21 August 2020 - 07:36
Melbourne — Oil prices rose in early trade on Friday, on track for a third straight week of gains, buoyed by major oil producers’ efforts to hold back output amid concerns about the economic recovery from the coronavirus pandemic.
US West Texas Intermediate (WTI) crude futures inched up 8c, or 0.2%, to $42.90 at 1.58am GMT, on course for a 2% rise for the week...
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