Brent held above $100 after 8% weekly surge on tight supply

Brent held above $100 after 8% weekly surge on tight supply

Brent crude ended the week ended Sept. 11 above $100 a barrel, up more than 8% on the week despite falling Friday, Reuters reported, citing tight supply. I'd watch pump prices and freight costs — crude at this level tends to pass through with a lag.

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