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Oil

Oil set for another weekly gain on Middle East tensions

The front-month contract for Brent crude North Sea oil was down USD 0.58 at USD 78.52/bbl on Ice Futures, while the WTI equivalent stood USD 0.79 lower on the day at USD 75.06/bbl. Both contracts had peaked at six-week highs above USD 81/bbl and 77/bbl, respectively, on Monday, buoyed largely

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