Oil Updates —prices set for sixth weekly gain on pledged output cuts

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SINGAPORE: Oil costs rose for a second day on Friday, set for his or her sixth week of positive aspects, after Saudi Arabia and Russia, the world’s second- and third-largest crude producers, pledged to chop output by way of subsequent month, in line with Reuters.

Brent crude futures for October rose 2 cents to $85.16 a barrel by 9:09 a.m. Saudi time, whereas US West Texas Intermediate crude for September rose 9 cents, or 0.1 %, to $81.64.

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