Oil Hits 2-Month High as China Truce Signals Brighter Outlook

Futures climbed 3.3 percent in New York to cap the third straight weekly increase. Bloomberg News reported China proposed a six-year shopping binge for American goods, diminishing concerns about a brake on economic growth. Meanwhile, U.S. factory output expanded by the most in 10 months and the International
โ€” Read on finance.yahoo.com/news/oil-set-longest-weekly-rally-083509289.html

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