Oil prices ticked up on Friday and were set for weekly gains after closing the previous session at their highest in more than two months, underpinned by colder European and U.S. weather and additional economic stimulus flagged by China.
Brent crude futures were up 45 cents, or 0.6%, at $76.39 a barrel by 11:28 a.m. after settling on Thursday at the highest level since Oct. 25. U.S. West Texas Intermediate crude gained 72 cents, or 1%, to $73.84.
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