Oil dips after weekly gain


NEW YORK: Oil slips after its biggest weekly advance since early April as traders weigh a raft of data from China that shows slow industrial expansion, while retail sales beat forecasts.Brent traded above US$82 a barrel after climbing 3.8% last week, the first weekly gain in four.

West Texas Intermediate was near US$78.

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Oil , petroleum , Brent , WTI , crude , Opec

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