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Oil set for 3% weekly gain on easing recession concerns, rising Mideast tension

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Oil prices edged up in Asian trading on Friday, heading for a weekly gain of more than 3% as U.S. jobs data calmed demand concerns and fears of a widening Middle East conflict persisted. Brent crude futures rose 2 cents, or 0.03%, to $79.18 a barrel by 0651 GMT. U.S. West Texas Intermediate crude futures ...

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