Commodities

Oil Prices Extend Gains On China Stimulus Hopes

Oil prices rose on Friday to extend gains from the previous session, as data showing a fall in U.S. crude stocks outweighed demand worries. Lackluster data on China's factory activity also spurred hopes of more policy stimulus.

Benchmark Brent crude futures rose half a percent to $74.93 a barrel, while WTI crude futures were up half a percent at $70.21.

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by RTTNews Staff Writer

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