Brent oil held above $100 after 8% weekly surge

Brent oil held above $100 after 8% weekly surge

Brent crude finished the week ended Sept. 11 above $100 a barrel, up over 8% on the week even after slipping Friday, Reuters reported, pointing to tight supply. Expect petrol prices and delivery costs to follow higher with a delay — oil at this price usually feeds through.

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