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Oil Heads for Fourth Weekly Gain

Written By Bloomberg Television on Friday, Apr 14, 2023 | 01:24 AM

 
The oil market is heading for its fourth straight week of gains, supported by the signs of a tightening global market and a weaker dollar. This comes as new data from OPEC shows that supply cuts agreed to last week are putting global markets on track for a hefty supply deficit which will widen as the year progresses. Stephen Stapczynski reports on Bloomberg Television. -------- Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more: http://www.bloomberg.com Connect with us on... Twitter: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/

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