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Oil steady, on track for biggest weekly gain since July

Reuters  |  LONDON 

By Shadia NasrallaLONDON (Reuters) - Oil prices steadied on Friday, heading for their largest weekly gain since July after U.S. President Donald Trump's comments about possible military action in Syria and reports of dwindling global oil stocks.Recovering from earlier losses, Brent crude was up 28 cents at $72.30 a barrel by 1301 GMT and set for a weekly gain of almost 8 percent, or about $5.U.S. crude for May delivery rose 28 cents to $67.35, up more than 8 percent, or about $5, for the week."You have to put today's moves in the context of the last three days. There hasn't been any ...

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First Published: Fri, April 13 2018. 18:50 IST