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Find all the economic and financial information on our Orishas Direct application to download on Play StoreOil prices remained stable on Friday. The optimism generated by trade discussions supporting the outlook for the global economy and oil demand is balancing the news with the potential for an increased supply of oil from Venezuela.
Brent crude futures were up 38 cents, or 0.55%, to $69.56 per barrel at 12:07 GMT. West Texas Intermediate U.S. crude futures were up 36 cents, or 0.55%, to $66.39
.Brent was heading for a weekly gain of 0.4% at this level, while WTI was down around 1.4% from its closing level last week.
Brent prices have largely moved between $67 and $70 per barrel over the past month, since prices fell sharply in late June after the de-escalation of the Iran-Israel conflict.
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