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Find all the economic and financial information on our Orishas Direct application to download on Play StoreThis Friday, oil prices rose but are on track for a fourth consecutive weekly decline. Signs of disappointing growth in global fuel demand outweigh fears of supply disruptions due to rising tensions in the Middle East
.American West Texas Intermediate crude oil futures rose 51 cents, or 0.7%, to $76.82. Brent crude oil futures gained 46 cents, or 0.6%, to $79.98 per barrel at 08:41 GMT. Both benchmarks have fallen by more than 7% in the past four weeks, marking the longest streak of consecutive weekly losses this year. According to data from LSEG Oil Research, crude oil imports from Asia fell in July to their lowest level in two years, due to weak demand in China and India
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