NEW YORK, Jan. 8 (Xinhua) -- Oil prices moved higher on Friday, logging pronounced gains for the week.
The West Texas Intermediate (WTI) for February delivery added 1.41 U.S. dollars to settle at 52.24 dollars a barrel on the New York Mercantile Exchange. Brent crude for March delivery increased 1.61 dollars to close at 55.99 dollars a barrel on the London ICE Futures Exchange.
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