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Oil futures end 89 cents higher on Friday

Oil futures end 89 cents higher on Friday

Mubasher: Oil futures went up at Friday’s settlement, rising 1.5% for the week, as US President Donald Trump announced reaching a trade agreement with China.

January Nymex WTI rose by $0.89, or 1.5%, to close at $60.07 per barrel.

The US and China agreed on Friday to an initial trade deal that would reduce tariffs between the two countries.