Oil Edges Higher, Buoyed by Tighter Supplies, China Stimulus

(Reuters) – Oil prices rose on Friday, buoyed by evidence of tightening supplies and economic stimulus in slow-recovering China. Brent futures were up 94 cents at $80.58 a barrel by 0955 GMT – rising as high as $1 earlier – while U.S. West Texas Intermediate (WTI) crude also climbed 94 cents to $76.59 a barrel. … Read more

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