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Oil prices end week up in volatile trade ahead of OPEC meeting

NEW YORK: Oil prices were up slightly in heavy, seesaw trading on Friday, giving back most earlier gains after news that major producers would consider additional supply a day after U.S. President Donald Trump again blasted the cartel.

Global benchmark Brent crude settled 10 cents higher at $78.80 a barrel. U.S. light crude rose 46 cents to $70.78 a barrel, more than $1 below the session high of $71.80.

Pinehill Pacific hits limit-up on Perak land sale

KUALA LUMPUR: Shares in Pinehill Pacific Bhd (PinePac) jumped by a maximum trading limit on Friday after the loss making company announced a plan to sell its oil palm estate in Perak to United Plantations Bhd for RM413.57mil cash.

Price war in tobacco market as BAT reverts prices to pre-SST level

KUALA LUMPUR: British American Tobacco Bhd has reportedly reverted prices of its cigarettes to pre-SST level, whereby its premium brands will cost RM17 compared to RM17.50, and Pall Mall and Rothmans will be reduced to RM15.50 and RM12 from RM16 and RM12.50 respectively.

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