Oil advances to its biggest weekly gain since August

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/AP
Oil rose to its biggest weekly gain in four-month period in New York as U.S. legislators are launching a new round of "fiscal cliff" talks scheduled on Sunday to avoid tax increases and spending cuts. West Texas Intermediate added 0.7% on Friday, extending its biggest weekly advance since August. February WTI jumped 62 cents to $91.49 a barrel, while Brent for the same month added 58 cents to $111.38 a barrel.

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