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Brent crude holds above $107

SINGAPORE - Brent crude held above $107 on Friday, edging lower after a surge of 20 percent in four weeks prompted some selling as Israel signalled it would not rush into any open conflict over a deadly attack on its citizens, easing geopolitical worries.

Energy

Energy

3 firms sign Iraq oil deal

Kuwait Energy, Dubai-based Dragon Oil and Turkiye Petrolleri signed an agreement in Baghdad to explore for crude in southern Iraq along the Iranian border.

Energy

Energy

Oil prices fall to below $85 a barrel

Oil fell below $85 a barrel on Thursday on expectations of just a small rise in global demand for crude in 2013 and as signs of slowing global economic growth offset hopes that central banks will soon implement stimulus measures.

Energy