There are indications that Oil price on Friday firmed up as
bullish news from strong Chinese oil imports to turmoil in the Middle East put
Brent on track for a nearly three per cent weekly gain.
https://www.pmnewsnigeria.com/2017/10/13/happy-days-oil-prices-hit-60-barrel/
The
developments added to other signs that the market was finally rebalanced after
years of excess, but analysts warned that the 2018 balance was still in view.
Brent was
at 57.20 dollars, up 95 cents. U.S. West Texas Intermediate (WTI) crude was at
51.44 per barrel dollars, up 84 cents from its last settlement.
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