Oil heads for weekly gain of around 4%

Oil prices fell on Friday but are on track to gain around four percent this week, supported by the International Energy Agency’s upward revision of its 2024 oil demand forecast and an unexpected drop in U.S. stocks. Brent crude futures fell 25 cents, or 0.3%, to $85.17 a barrel, while U.S. West Texas Intermediate (WTI)

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