News 11 january — 13:48

Oil prices go up: Brent over $62

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Oil prices were on track for solid weekly gains on Friday after financial markets were lifted by hopes the United States and China may soon resolve their trade disputes, and as OPEC-led crude output cuts tightened supply, Reuters reports.

International Brent crude futures LCOc1 were at $62.20 per barrel.

U.S. West Texas Intermediate (WTI) crude futures CLc1 were at $53.13 per barrel.

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