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Oil Poised For Weekly Gain Amid Positive Demand And Geopolitics

Oil
A Marathon Oil well site is seen in the Eagle Ford Shale oil field in south Texas

Oil prices are on track for a weekly gain as positive signs of increasing demand and geopolitical factors have boosted market sentiment.

The global oil market has seen a rise in prices this week, with Brent crude and WTI crude both showing gains. This increase comes as demand for oil continues to recover amid the ongoing global economic recovery.

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