Oil ahead to set a ninth gain in 10 weeks

Note: This section contains information in English only.
Source: Bloomberg
Crude oil futures for March settlement were lower by 14 cents to $97.17 on the electronic New York Mercantile Exchange during Singapore trading session on Friday. Prices are higher by 5.8% higher from the beginning of this year and oil is headed to set a ninth weekly increase in last ten weeks. Oil is traded positively on increasing interest for the U.S. benchmark, which already reached a record high and on OPEC report signaling an oil shipments decline.

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