Sun, 2023-01-15 08:50
RIYADH: Oil prices settled more than a dollar a barrel higher on Friday, notching their biggest weekly gains since October, as the US dollar dropped to a seven-month low and more indicators pointed toward growing demand from top oil importer China.
Brent crude futures settled at $85.28 a barrel, up by $1.25, or 1.5 percent. West Texas Intermediate crude futures rose for the seventh-straight session to settle at $79.86a barrel, up by $1.47, or 1.9 percent.
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