World Commodities - WORLD COMMODITIES TRADING - World oil prices climb to 4pc.

Byline: S. Kamal Hayder Kazmi

Oil prices rose nearly 4% on Friday on signs of progress in US-China trade talks and stronger-than-expected economic data in both countries, including US employment and Chinese manufacturing activity numbers.

Brent crude ended the session up $2.07, or 3.5%, at $61.69 a barrel, but notched a drop of about 0.4% for the week. West Texas Intermediate crude settled $2.02, or 3.7% higher at $56.20 a barrel, but fell about 0.8% in the...

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