Oil Holds Biggest Weekly Gain Since April Ahead of China Data

Bloomberg News

Oil Holds Biggest Weekly Gain Since April Ahead of China Data
West Texas Intermediate
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(Bloomberg) -- Oil held its biggest weekly advance since early April as traders waited for Chinese trade data that will provide a snapshot on the economic...

-- Oil held its biggest weekly advance since early April as traders waited for Chinese trade data that will provide a snapshot on the economic strength of the world’s top crude importer.Brent was little changed above $82 a barrel after rising 3.8% last week, the first weekly increase since mid-May. West Texas Intermediate was near $78. China is scheduled to release industrial output and crude refining figures for May later Monday.

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