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Brent Gains on US Jobs Data

Brent crude oil ticked up on Friday morning and traded at 109.28 after data from the US pointed to a better global demand outlook and the threat of supply interruption in the Middle East lent support to the commodity.

The US released strong jobs data which added to mounting evidence that the nation was well on its way to a steady recovery. Unemployment benefit claims in the US dropped for the third week in a row, a sure sign that the economy was on the mend.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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