Oil mixed but set for weekly gain 2017-09-29
mixed oil price
Oil prices were mixed on Friday, but both Brent and U.S. crude were set to chalk up another weekly gain as investors bet that efforts to cut a global glut are working and that the demand outlook is improving.

U.S. crude was down 4 cents at $51.52 a barrel at 0450 GMT, having spent much of the session slightly higher. The contract is heading for a fourth consecutively weekly gain and is on track for a 9 percent advance this month.

Brent rose 14 cents, or 0.2 percent, to $57.55 a barrel, heading for a fifth weekly climb and a 10 percent gain for September.

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