Oil futures climbed Friday from their lowest levels of the year, but tallied a third straight weekly fall amid rising U.S.
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Here is a look at what happened in oil markets in the week of Feb. 3-7 and what the focus will be in the days to come.
The early signs are promising, hinting that this upward momentum will carry into February', analysts at J.P. Morgan said.
Oil rose in early trade after the U.S. imposed sanctions on an international network facilitating the shipment of Iranian crude to China.
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