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Oil heads for weekly gain on hopes of firmer demand

Oil prices stabilised on Friday, with global benchmark Brent heading for its first weekly gain in three weeks, as economic indicators from big consumers China and the United States bolstered hopes for higher demand. Brent crude oil was up 1 cent, or 0.01%, at $83.28 a barrel by 1324 GMT. U.S. West Texas Intermediate (WTI) ...

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